Hello friends, it’s almost the end of the year, and the crypto space is buzzing with crypto updates.
Iranian people may be salvaged by Bitcoin: Bitwise Chief
The streets of Tehran are absolutely buzzing with fury right now. Shopkeepers slammed their doors shut, and crowds poured out chanting against insane price hikes, all because the Iranian rial just cratered to a brutal new low, hitting around 1.42 million to the dollar. Years of tough sanctions, lousy management, and inflation roaring at 42% have wiped out people’s savings practically overnight.
And guess what’s shining bright in these crypto updates? Bitcoin is emerging as a real lifeline for folks desperate to shield their money from this fiat meltdown.
In times like these, crypto updates often highlight how digital assets like BTC offer a way out when traditional currencies are tanking hard, giving people a shot at preserving what they’ve worked for.
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Shocking Crypto Updates: Million-Dollar Scam Unmasked by Top Investigator
Switching gears to some gritty crypto updates from the scam world, a guy’s flashy social media boasts about luxury splurges led straight to blowing the lid off a massive fraud hitting crypto holders.
This Canadian scammer pretended to be Coinbase support, sweet-talking victims into handing over private keys and info. Over the last year, he reportedly swiped about $2 million in assets.
Blockchain sleuth ZachXBT revealed this on X, piecing together Telegram chats, wallet trails, and those brag-worthy posts showing off nightclub VIP tables, premium handles, and gambling wins.
Global Crypto Updates: Australia’s Tough New Internet Rules Spark Outrage
On the regulatory front, some eyebrow-raising crypto updates are brewing in Australia, even if they’re more about broader online controls.
New mandates from the eSafety Commissioner are forcing search engines like Google and Bing to roll out age verification for logged-in users starting soon, with a six-month window to get serious tech in place.
We’re talking possible ID uploads, face scans, credit cards, or AI age guesses just to prove you’re over 18 for certain searches.
Critics are slamming it hard, saying it feels like a sneaky mandatory digital ID creeping into everyday browsing. The full story is here.
And that’s a wrap of what happened in crypto yesterday. Wishing you and yours a very happy new year, from all of us at Coin Medium. You can count on us for the latest crypto news dishout in 2026 too.
