CFA Report Pegs US Crypto Fraud Losses at $80.7B

Base, a layer-2 scaling network incubated by Coinbase, is transitioning to a new unified tech stack to enhance protocol improvements and scalability. The network aims to increase its gas units per second to 1 billion and double its network hard-forks per year.

The Apollo III, a new home Bitcoin mining system by FutureBit, features 3nm American-designed ASICs and a full Bitcoin node. Founder John Stefanopoulos emphasized the device's role in strengthening Bitcoin decentralization through individual-focused systems.

The first SUI ETFs have debuted on Nasdaq and the New York Stock Exchange, offering exposure to the SUI blockchain network. Canary Capital and Grayscale have launched their respective SUI ETFs, providing investors with staking opportunities and exposure to the network's scalability features.

The Hyperliquid Policy Center (HPC) has emerged as a new advocate for decentralized finance and derivatives on Capitol Hill. Founder Jake Chervinsky believes the U.S. must decide to either support blockchain with new regulations or risk falling behind other nations.

David Solomon, CEO of Goldman Sachs, echoed U.S. Treasury Secretary's remarks, emphasizing the necessity of a rules-based system in the crypto industry. He suggested that those opposing the market structure bill should consider relocating to El Salvador.

Apex Group, managing over $3.5 trillion in assets, has teamed up with World Liberty, linked to Donald Trump, to trial a stablecoin for fund operations. The partnership aims to enhance settlement speed and reduce costs for institutional clients by using WLFI's USD1 stablecoin.

NYSE President Lynn Martin expressed a sense of duty to engage in tokenization amid the rise of blockchain finance. The exchange has developed tokenization technology and is collaborating with regulators to explore its integration into the financial system.

Tyler Warner's Morning Minute newsletter features a Thiel Fellow's manifesto on Web 4.0, where AI agents can act independently online. The manifesto discusses the need for AI agents to transact, earn, and evolve without human intervention, shaping the future of the internet.

The WLFI token surged over 22% in 24 hours ahead of a high-profile event at Mar-a-Lago, sparking debate on the cause behind the rally. Experts suggest the spike may be a result of technical factors and event-driven speculation rather than organic demand.

Milo, a Miami-based fintech firm, has facilitated over $100 million in crypto mortgages, including a $12 million transaction, catering to institutional and high net worth borrowers seeking alternative financing options. The company's innovative product allows clients to secure home financing by pledging Bitcoin without selling their holdings.