World Liberty Financial, the cryptocurrency initiative backed by President-elect Donald Trump, has continued its aggressive crypto buying spree with a recent purchase of $250,000 worth of ONDO.

Mark Longo, the owner of viral internet sensation Peanut the Squirrel, has taken action against Binance, one of the world’s largest cryptocurrency exchanges, accusing it of intellectual property infringement.

Bit Trade, the Australian subsidiary of Kraken, has been fined $5.1 million AUD (approx. $3.2 million USD) by the Australian Federal Court for offering a margin lending product to customers without regulatory approval.

The Financial Accounting Standards Board (FASB) has officially implemented its new Fair Value accounting rules for Bitcoin and other eligible cryptocurrencies.

A recent survey by cryptocurrency exchange Kraken has revealed that 73% of U.S. crypto holders plan to continue investing in 2025, while 55% believe cryptocurrency has real-world uses.

Byte Federal, the Bitcoin ATM operator, has confirmed a data breach that exposed the personal and transactional data of its customers due to third-party software vulnerabilities.

Andreas Kohl, the co-founder of Bitcoin sidechain Sequentia, has reportedly exploited a major vulnerability in the Dogecoin network, causing 69% of its nodes to crash using an old laptop.

BlackRock Investment Institute, the global investment management firm, has recommended that a 1-2% allocation to Bitcoin is "reasonable" for investors while warning that higher allocations could significantly increase the risk within a portfolio.

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has given Elon Musk a 48-hour ultimatum to accept a settlement or face multiple charges.

Thursday recap: regulatory oversight in financial markets, stablecoin adoption, financial actions by politically connected figures, and the AI Jesus controversy.