Crypto News Today, Dec 12, 2025: [Live] Market Updates, Breaking Headlines & Price Alerts

Ethereum’s Fusaka upgrade has pushed transaction costs to their lowest levels since 2017, marking major progress toward solving the network’s long-standing gas fee challenges. The smoother performance also helps reduce several technical bottlenecks across the ecosystem. Meanwhile, Vitalik Buterin has suggested creating a trustless on-chain gas futures market, giving users and developers a way to hedge against future fee spikes.

According to Inner City Press, Do Kwon has been sentenced to 15 years in prison after the court found he misled the market for years, fabricated Terra’s stablecoin mechanism, and hid a support deal with Jump Trading. His actions contributed to more than $40 billion in losses and devastated hundreds of thousands of investors. The ruling marks one of the toughest penalties ever issued in a crypto-related fraud case.

DTCC announced that its subsidiary DTC has received a No-Action Letter from the U.S. SEC, allowing a three-year, controlled-production tokenization service for assets held in DTC custody. The program is set to begin rolling out in the second half of 2026. Under the authorization, traditional assets can be tokenized on approved Layer-1 and Layer-2 networks, with the digital versions retaining the same rights and protections as their original forms.

Coinbase is reportedly preparing to launch new features, including its own tokenized U.S. equities, during its December 17 event, according to Bloomberg. Leaked screenshots of the upcoming app have been circulating on X, sparking excitement across the crypto community. While the company hasn’t confirmed the details, a spokesperson said full information will be shared during the livestream. The announcement could mark a major step in blending traditional markets with digital assets.