More than two years after the Terra ecosystem collapsed and wiped out tens of billions from the crypto market, its creator Do Kwon has been sentenced to 15 years in U.S. federal prison. Judge Paul Engelmeyer of the Southern District of New York imposed the sentence after hearing victim testimonies and weighing a plea deal that reduced a nine-count indictment to two fraud charges, while Kwon still faces additional proceedings in South Korea and credit for 17 months in Montenegro remains unresolved.

On 8 December 2025, Binance founder Changpeng Zhao stated that a secure hardware wallet should never allow a private key to leave the device under any circumstances. He argued that making keys exportable undermines the fundamental purpose of self-custody, especially as more users move to non-custodial solutions in the current market cycle. His remarks, made in line with long-standing guidance from security practitioners, emphasized strict on-device key isolation as essential for protecting digital assets.

Bitcoin trades around $107,600, reflecting a 0.7% decline over 24 hours and a 4.8% drop over the past week, data show. The cryptocurrency has struggled to regain momentum after briefly surpassing $112,000. Analysts remain divided on whether Bitcoin will rebound or face deeper correction, with on-chain metrics presenting mixed signals.