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.
LATEST NEWS
Blockworks
The Ethereum Foundation has appointed new leaders for its Privacy Research Cluster to coordinate work on cryptographic tools and secure scaling solutions. The cluster will focus on overseeing projects related to zero-knowledge proofs and multiparty computation to enhance user privacy on Ethereum's public blockchain.
Decrypt
VisionSys AI's shares plummeted 40% to $2.05 following news of plans to establish a $2 billion Solana treasury. The company aims to acquire $500 million in Solana within six months, partnering with Marinade Finance for AI-driven blockchain treasury management.
Coindesk
OpenSea, once a leader in NFTs, is rebranding to become a Web3 hub for trading various assets, including tokens and DeFi activities. The platform's SEA token is highly anticipated, with details expected from the OpenSea Foundation soon.
Coindesk
The Fusaka hard fork, following Ethereum's Pectra upgrade, aims to reduce costs for institutions by introducing features like PeerDAS. Holesky test network, crucial for testing new code, will be shut down two weeks after Fusaka's mainnet launch. Ethereum developers plan two more testnet runs before finalizing Fusaka's mainnet launch date.
bitcoinmagazine.com
Setting up a remote Lightning node for personal payments is straightforward with modern wallets. However, routing payments for others requires careful consideration due to potential pitfalls and security risks.
Blockworks
The perpetual DEX market is gaining popularity, with tokens like ASTER and APEX seeing increased volumes due to farming activity. Hyperliquid, despite facing competition, maintains dominance with over $13.1 billion in open interest.
Blockworks
CoinShares International Limited announced the acquisition of London-based Bastion Asset Management to enhance its actively managed offerings and expand its US growth strategy. The deal, subject to approval by the UK Financial Conduct Authority, will integrate Bastion’s quantitative strategies and expertise into CoinShares’ platform.
Decrypt
Gabriel Haines, a comedian and podcaster, is developing a TV pilot inspired by a meme coin crisis involving Argentine President Javier Milei. The show, titled “The Max Extractor,” will blend elements of crypto and crime, focusing on an entrepreneur's downfall in the crypto world.
Decrypt
An Aptos influencer known as Buzzlamic Jihad has become an advisor to the company, aiming to improve Aptos' image and establish it as a premium stablecoin network. His meme-fueled community engagement in February led to a surge in developer interest in the network.
Decrypt
Bitcoin's surge to over $116,000 has propelled the total cryptocurrency market capitalization to $4.09 trillion, erasing recent losses and triggering liquidations of $60 million in short positions. Experts attribute the uptick to structural demand, sustained ETF flows, and positive institutional positioning.