CFA Report Pegs US Crypto Fraud Losses at $80.7B

CME Group has introduced 24/7 trading for Bitcoin futures and options on its Globex platform, eliminating the long-standing weekend gap. The maintenance pause from 10PM to 11PM UTC on Sundays may still cause brief volatility bursts.

Samsung Securities, Samsung SDS, and Samsung Card will collectively acquire a 4% stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange, through an all-cash deal worth $446 million. The investment aims to capitalize on growth opportunities in the digital asset sector.

The CFTC and Gemini filed a motion to undo a 2025 consent order, with the regulator stating it should not have been filed. The regulator admitted the original complaint was based on a whistleblower's account lacking credibility.

BlackRock's iShares Bitcoin Trust experienced its second-largest single-day net outflow of $527.84 million, coming close to the record set in January 2024. The fund, holding $59 billion in assets, accounts for nearly 4% of Bitcoin's total supply, making it a significant institutional vehicle for Bitcoin exposure.

The Fold Bitcoin Credit Card, issued by Fold Holdings, Inc., offers up to 4% back in Bitcoin rewards on purchases, with additional rewards for paying bills in Bitcoin. Cardholders can access physical and virtual cards, with features like real-time reward tracking and fraud alerts available.

SoFi Technologies introduced SoFiUSD, a stablecoin issued by a U.S. national bank, available for transactions within their banking app. This move reflects the merging of traditional finance and the crypto world, as Congress works on regulatory frameworks for cryptocurrencies in the U.S.

Casa has introduced four new features to combat social engineering, the primary cause of crypto theft in 2025. These features include Guardian Mode, Whitelisting Addresses, Suspicious Account Activity monitoring, and Phone Call Detection. The company aims to protect clients from fraudulent attacks.

Kraken now offers a Bitcoin Vault where users can earn up to 2.5% APY on their BTC holdings. The funds are put to work in on-chain vaults powered by DeFi infrastructure firm Veda, with a 25% performance fee deducted from rewards.

Stake DAO has fallen victim to a hack, with an attacker minting 5.4 trillion vsdCRV tokens on the Arbitrum network. The hacker then exchanged some tokens for 44 ETH, resulting in a profit of approximately $91,000 before bridging back to Ethereum.

DeFi Development Corp, the first US-listed Solana treasury company, relocated from Delaware to Nevada to protect its executives from potential removal by shareholders. The move, authorized by insiders controlling 81.79% of voting power, raised the bar for removing directors after a 90% stock price decline.