CFA Report Pegs US Crypto Fraud Losses at $80.7B

The alpha test for the new multiplayer action role-playing game, Arise, is available on the Epic Games Store for two weeks. Players can explore dungeons, engage in PvP combat, gather resources, and trade, choosing between different gameplay styles.

Thai data protection authorities have ordered World to delete over 1.2 million records collected in the country and to cease operations due to breaching data protection laws by trading biometric data for cryptocurrency. The company's iris-scanning project, aimed at issuing digital IDs in exchange for WLD tokens, has faced global controversy.

Bitmain, a Chinese Bitcoin mining equipment manufacturer, is under investigation by the U.S. Department of Homeland Security for potential national security threats. The investigation, codenamed Operation Red Sunset, is examining whether Bitmain's mining hardware could be used for espionage or to compromise the U.S. power grid.

KakaoBank, an affiliate of Kakao Corp, is developing a Korean won-backed stablecoin and a smart contract FX settlement system. The bank aims to support on-chain financial services and tokenized securities independently, preparing for Korea's upcoming regulations.

Altcoins like Ethena, Bittensor, and Quant are outperforming the market, with World Liberty Financial showing a 36% increase since November 21. This trend coincides with Bitcoin's stable period post recent volatility, attributed to a potential December rate cut.

Bitcoin has rebounded 7% from its recent low, with investors hopeful for a 0.25% interest rate cut by the Fed in December. Analysts predict a potential breakout in 2026 despite improving macroeconomic conditions and growing risk appetite on Wall Street.

Roughly 20,000 BTC in notional call condor block trades were spotted on Deribit, structured for Bitcoin to settle between $100,000 and $118,000 by December 2025. The market has priced out a euphoric year-end surge in favor of a more measured ascent.

Less than two days after Monad's official launch, bad actors began spoofing token transfers, creating fake activity to deceive users. The malicious contracts generated fake swap calls and artificial signatures to mimic real trading on the MON ecosystem.

JPMorgan Chase has proposed a leveraged product allowing investors to speculate on Bitcoin's future price, potentially earning uncapped returns if the price rises by 2028. The structured note, tied to BlackRock's Bitcoin ETF, offers a unique investment opportunity with high risk and reward potential.

Saudi Aramco has installed the Kingdom's first quantum computer, a 200-qubit machine by Pasqal, for industrial applications like energy modeling and materials research. This move aligns Saudi Arabia with other nations investing in quantum programs to enhance research infrastructure and workforce training for future systems.