CFA Report Pegs US Crypto Fraud Losses at $80.7B

Predictors on Myriad are currently forecasting lower price targets for Solana and Bitcoin as crypto prices slide, with over $40,000 wagered on major crypto assets' next moves. Meanwhile, a new flash market offers favorable odds for an NFL underdog matchup.

The SEC's latest rulemaking agenda aims to ease regulations on the crypto sector and integrate digital assets into the traditional American economy. Proposed rules include creating regulations for the offer and sale of crypto assets and amending rules for trading on U.S. securities exchanges.

Bitcoin, despite a 1.3% drop, is seeing a shift from long-term holders to ETFs, with BlackRock's Bitcoin ETF holding over $83 billion. Recent inflows into BTC funds have been strong, potentially impacting its performance in the coming months.

Etherscan has expanded to the Sei blockchain, introducing Seiscan to track on-chain activity. The platform processes over 1 billion API calls daily and provides details on wallet addresses, transactions, token movements, and smart contracts. Sei's ecosystem has seen rapid growth, with total value locked rising from $5 million to $560 million.

American Bitcoin (ABTC) shares fell 15% below its IPO price on the Nasdaq, trading at $6.83 from $6.90. The company, majority-owned by Hut 8 and partially by Donald Trump Jr. and Eric Trump, aims to raise $2.1 billion for expanding its bitcoin holdings.

Accusations of diverting $600 million have caused tensions within the Cardano community, leading to public clashes between founder Charles Hoskinson and Cardano Foundation members. Hoskinson demanded an apology after being cleared of wrongdoing in an audit report published by BDO and McDermott, Will & Schulte.

ReversingLabs discovered two NPM packages, colortoolsv2 and mimelib2, using Ethereum smart contracts to download malware. These malicious packages were part of a larger campaign targeting users through poisoned blockchain-related code libraries on GitHub.

Seturion, a digital settlement platform by Boerse Stuttgart Group, aims to streamline post-trade processes for tokenized assets in Europe. The platform, open to various financial entities, has already been tested in the European Central Bank's blockchain trials.

The NFL All Day platform, built by Dapper Labs on the Flow blockchain, is introducing autographed collectibles and in-stadium activations with NFL teams like the New England Patriots and Cincinnati Bengals. Fans can collect digital ticket stubs and participate in free-to-play games testing their NFL knowledge.

Tyler Warner's daily newsletter, Morning Minute, covers top news in the crypto world, including market updates, regulatory approvals, and trends like tokenized Pokémon cards. Collector Crypt's CARDS token has seen a significant increase in value, reaching a $450M fully diluted valuation.