CFA Report Pegs US Crypto Fraud Losses at $80.7B

Payward, the parent company of Kraken, reported a 33% growth in adjusted revenue for 2025, with trading-based revenue making up 47% of the total. The company's adjusted Ebitda increased by 26% to $531 million, with a corporate structure separating consumer products from infrastructure operations.

Bitwise stated that the current crypto market resembles previous winter periods, indicating a potential end to the downturn. Crypto winters typically follow excessive speculation and leverage, lasting about a year. Despite recent price declines, positive developments like regulatory progress and institutional adoption may fuel recovery.

Allegations by Justin Sun's alleged ex-girlfriend, Zeng Ying, include market manipulation and insider trading claims against the Tron founder. She accuses Sun of manipulating TRX's market capitalization through Binance accounts and illegally smuggling himself out of China.

Coinbase has accused Australia's Big Four banks of systematically denying financial services to legitimate crypto companies, labeling it a threat to competition and trust in the country's economy. The exchange highlighted the withdrawal of banking services as a systemic issue in Australia, impacting fintech and digital asset sectors.

Strategy (MSTR) has experienced a continuous decline, with its stock down 7% in February and 75% from its 2024 high. The company's multiple to net asset value (mNAV) is currently above 1 at 1.09, allowing for further bitcoin purchases through stock offerings.

The Moscow Exchange (MOEX) will introduce cash-settled futures contracts for Solana, XRP, and other altcoins, following the success of BTC and ETH products. These new futures will be based on indices for each token, complying with Russian regulations for derivatives tied to underlying assets.

Senator Chris Murphy raised concerns about potential criminal conduct involving secret payments from a UAE investor to Trump and his envoy, leading to access to sensitive defense technology. The controversy revolves around a deal with Trump-linked crypto firm World Liberty Financial.

Aave founder Stani Kulechov purchased a $30 million mansion in London's Notting Hill, according to Bloomberg, below the guide price. The decentralized lending platform he created, Aave, holds over $50 billion in assets.

Robin Brooks predicts aggressive rate cuts by Fed nominee Kevin Warsh, potentially lowering the benchmark rate to 2.5%-2.75% before November's mid-term elections. This projection could lead to a bull run in the crypto market, as markets fear Warsh's hawkish past.

xAI is seeking a Finance Expert for its AI models to understand digital asset markets better. The role involves providing annotations, evaluations, and explanations based on real-world crypto market behavior. Candidates will train AI systems to analyze blockchain activity, interpret market structure, and manage risk in volatile markets.