CFA Report Pegs US Crypto Fraud Losses at $80.7B

Visa will become a Super Validator on the Canton Network, aiding in expanding privacy-preserving blockchain infrastructure for global banks and financial institutions. This move allows institutions to experiment with stablecoin payments and settlement without altering their risk management and compliance processes.

The Solana Foundation is emphasizing the network's role as core infrastructure for an emerging "agentic" internet, where AI systems drive economic activity. With a focus on payments, Solana has processed 15 million onchain payments tied to machine-to-machine commerce, highlighting the potential for sub-cent, pay-per-use transactions.

BitMine Immersion Technologies has launched a staking platform for institutions, aiming to facilitate participation in Ethereum's network validation process. The company, chaired by Tom Lee, plans to expand support to other proof-of-stake networks and explore opportunities with vaults in decentralized finance.

UK Prime Minister Keir Starmer has announced a moratorium on cryptocurrency donations to UK political parties, following an independent review on countering foreign financial influence. The ban, covering donations of any size, will be applied retrospectively once legislation is passed.

Cipher Digital has signed a 15-year lease for its third data center campus, transitioning from Bitcoin mining to supporting AI and computing demands. The company also closed a $200 million revolving credit facility to strengthen its capital structure.

President Donald Trump has appointed tech leaders like Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang to the President's Council of Advisors on Science and Technology (PCAST), co-chaired by David Sacks and Michael Kratsios. The council, with 13 initial appointees, will focus on emerging technologies' impact on the American workforce.

Bitcoin ETFs have attracted nearly $2.5 billion in the past month, erasing year-to-date outflows. The sustained inflows contrast sharply with traditional assets, with weekly flows remaining strong despite Bitcoin's 40% price drop.

Monument Bank intends to tokenize up to $335 million of retail customer deposits on the Midnight network, becoming the first U.K.-regulated bank to do so on a public blockchain. The move aims to introduce tokenized financial products to regulated banking, starting with retail clients.

Ireland's Criminal Assets Bureau (CAB) successfully accessed a Bitcoin wallet containing 500 BTC, valued at $34 million, from a convicted drug dealer's seized wallets now worth $418 million. Europol's support with technical expertise and decryption resources was crucial for the operation's success.

The Bank of Korea plans to hire digital assets market analysts to research the impact of cryptocurrencies and stablecoins on financial stability. The central bank aims to revamp its internal systems for the upcoming legislation lifting the ban on cryptocurrency issuance in South Korea.