CFA Report Pegs US Crypto Fraud Losses at $80.7B

The U.S. Securities and Exchange Commission formally approved Nasdaq's proposal to trade some stocks in tokenized form, starting with Russell 1000 stocks and certain index ETFs. Tokenized shares must match traditional counterparts in rights, symbols, and trading priority, settling through the Depository Trust Company if eligible.

OX Security reported a phishing campaign targeting developers using OpenClaw's name to lure victims into a fake site for wallet theft. The attackers use GitHub to identify potential victims and steal wallet data through obfuscated JavaScript code.

Bitcoin's price struggles despite institutional investments, with U.S.-listed spot Bitcoin ETFs seeing significant inflows followed by a daily outflow. The trend indicates a shift in interest-rate expectations and a maturing investor base for Bitcoin as a long-term asset.

FTX Recovery Trust will distribute $2.2 billion to creditors on March 31, with additional payments to preferred equity holders later this year. The distribution marks the fourth under FTX’s Chapter 11 reorganization plan, aiming to recover assets for users.

The Federal Reserve decided to maintain the federal funds rate at a target range of 3.50% to 3.75%, citing concerns about balancing inflation and a cooling job market. The decision was expected and follows a pause in rate cuts since January.

The main cast for Netflix's upcoming FTX series "The Altruists" has been revealed, with actors chosen to portray key figures in the drama surrounding the collapse of the crypto exchange. The series will follow the rise and fall of Sam Bankman-Fried's crypto empire as billions of dollars' worth of crypto was stolen.

Trade[XYZ] has introduced perpetual futures tracking the S&P 500 on Hyperliquid, allowing global investors to leverage exposure to U.S. stock indices. The platform also offers futures tied to real-world assets like gold and oil, settled in USDC stablecoin.

Senate Republicans are working on passing the Clarity Act to legalize most crypto activities in the US. The bill must pass the Senate Banking Committee and address issues like stablecoin yield and DeFi to succeed before the midterm elections.

Malwarebytes Labs warned about a phishing site impersonating Pudgy Penguins' Pudgy World game to steal cryptocurrency wallet passwords. The fake site replicates crypto wallet interfaces to deceive users into entering their credentials.

Tempo, a blockchain by Stripe and Paradigm, launched its mainnet with the Machine Payments Protocol (MPP) for seamless agentic payments. MPP, co-authored by Stripe, Visa, and Lightspark, streamlines payment coordination between machines, supporting various payment methods.