Decrypt
The Consumer Federation of America reported that cryptocurrency scams and cybercrimes resulted in estimated losses of $80.7 billion, with investment fraud being the largest category at $8.6 billion. The FBI's complaint center recorded over 1 million complaints, totaling $20.9 billion in losses.
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Coindesk
Bitcoin experienced consecutive quarterly losses in the first half of 2026, a rare occurrence that has only happened twice before in its history. The second quarter saw a 14.09% drop, following a 22.2% decline in the first quarter, leading to concerns about the rest of the year.
Decrypt
Taiwan has approved the Virtual Asset Service Act, transitioning from AML registration to comprehensive financial supervision of crypto firms. The law defines seven categories of virtual asset service providers and imposes strict standards on operations, cybersecurity, and client protection.
Coindesk
Ark Invest took advantage of the cryptocurrency market downturn in June by purchasing millions of dollars worth of shares in companies like Coinbase, Circle Internet, and Bullish. The investment manager saw the drop in prices as a buying opportunity and made significant investments in these firms.
Coindesk
Aave saw a surge in new-wallet creation, adding 1,806 addresses in a day, the highest since October 2021. Despite a slight price drop, AAVE has gained 9% in the past week, standing out in a market downturn.
Decrypt
The president and CEO of Goliath Ventures, Christopher Alexander Delgado, has pleaded guilty to fraud, admitting to running a Ponzi scheme that defrauded investors of hundreds of millions. Delgado used the funds for a lavish lifestyle, including multiple homes, luxury cars, and extravagant expenses.
Decrypt
President Donald Trump's annual financial disclosure revealed earnings exceeding $1.2 billion from cryptocurrency ventures in 2025, with significant holdings in Bitcoin, Ethereum, and a meme coin called TRUMP. The disclosure also detailed over $588 million in net proceeds from token sales by World Liberty Financial, a venture involving the Trump family.
Coindesk
Phantom wallet has hired the creators of Ventuals, a project that recently shut down its perpetual futures markets. The trio will join Phantom's trading and data teams, as the company expands its focus on perpetual futures within the Hyperliquid ecosystem.
Decrypt
New York Life Investment Management is partnering with Centrifuge to offer a high-yield corporate bond strategy on the blockchain, creating the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio. This move reflects investor demand for transparency and efficiency in the market.
Coindesk
The U.S. Securities and Exchange Commission is seeking public input on its automated system for approving novel exchange-traded funds, including those focused on crypto. The agency's 60-day request for comments aims to explore a wider range of assets trading under ETFs, potentially allowing for innovations in the market.
Decrypt
Over 140 companies, including Coinbase and BlackRock, have collaborated to introduce a new stablecoin called Open USD (OUSD) to revolutionize digital payments infrastructure. The initiative aims to address industry challenges like high fees and lack of governance, with partners benefiting from earnings on reserves. Circle stock plunged Tuesday following the announcement.