Weekly crypto news: wallet hacks, CARF enforcement, Trump Media’s digital token

The slow and cold wind of December just moved the crypto industry into the new year, with better hopes. The slow-moving wind has also put the last week or the end of December into a situation where there were fewer crypto news stories. However, some incidents, such as hacks, crypto regulations, and a digital token launch, have shaped the industry into what we see now. 

That said, here are the top six crypto news stories that dominated the crypto market last week.    

$107K in funds drain from hundreds of wallets  

According to a report by on-chain investigator ZachXBT, nearly $107,000 worth of crypto funds were drained from hundreds of wallets on Ethereum Virtual Machine (EVM) chains. The wallet exploitations happened just as the new year began, following the Trust Wallet browser extension hack in the last week of December.  

Bitfarms to sell 70MW Paraguay mining Site for up to $30 million

Bitfarms, the Toronto-based mining firm, announced its plans to sell its 70 megawatt Bitcoin mining site in Paraguay to Sympatheia Power Fund, a crypto infrastructure company. This would make Bitfarms complete its exit from Latin America and sell the site for up to $30 million.  

Join our newsletter
Get Altcoin insights, Degen news and Explainers!

Trump Media to launch a new digital token for shareholders

Trump Media & Technology Group announced plans to issue a new digital token to its shareholders by integrating with Crypto.com, one of the leading global cryptocurrency firms. The digital token is expected to run on the Cronos blockchain of the crypto firm. 

Over 40 countries begin enforcing CARF

More than 40 countries, including the UK, have started enforcing the crypto tax-reporting framework (CARF) on Jan 1. Under the new framework, crypto firms in participating countries should share the details related to their crypto activities with the tax authorities to enhance proper taxation for the firms. 

Ethereum daily transactions hit a new height 

Ethereum secured a significant milestone, reaching an all-time high of 2.2 million in daily transactions, surpassing the 2021 NFT boom. On December 31, 2025, Ethereum achieved this milestone with a 7-day moving average of 1.87 million. 

Bitcoin ATM fraud reaches $333 million in losses

2025 saw major scams and losses, and Bitcoin ATM fraud added to the losses, worth $333 million. More than 10,000 victims have undergone the ATM scams, and the losses have exponentially increased since 2022, according to Federal Trade Commission data.

Bitcoin dangles at $91,000

After a frequent swing between $88,000 and $89,000, Bitcoin has finally shown a very slight uptick at $91,200 at the time of reporting. The digital gold has been following a unique price as mentioned, for more than two weeks. The current slight recovery can be due to the general positive start to 2026 in global markets.    

New year, new face! This is a commonly used concept by everyone in and outside the crypto world. For crypto, this concept means a lot, because this year would see major crypto regulations that would make the industry safer and stable.

However, hackers are sharpening their brains to target their prey as the beginning of this year brought us news on crypto funds draining from hundreds of wallets, followed by a Trust Wallet browser extension hack in the last week of December.

As we move on, it is time to indulge in a wait-and-see game as crypto will develop into a more mature industry.    

Bottom Line

2026 just began with a new chapter of crypto wallet exploitations. Besides, last week's crypto news cycle highlighted Trump Media's plans to issue a new digital token for its shareholders, Bitcoin's slight price recovery, surge in Bitcoin ATM frauds, and mining firm Bitfarms' decision to sell its 70 megawatt Bitcoin firm, and much more.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

Share this article