CFA Report Pegs US Crypto Fraud Losses at $80.7B

BitMine Immersion Technologies is set to join the Russell 1000 Index, reflecting the changing landscape of Wall Street. With a market capitalization of $10.7 billion, the inclusion could lead to significant demand from index funds and ETFs.

Tether announced plans to launch a stablecoin in Georgia, named GELT, with government support. This move aligns with Georgia's efforts to establish itself as a crypto-friendly hub. The stablecoin aims to provide citizens with faster settlements and lower transaction fees, bridging traditional banking with the digital economy.

Vitalik Buterin announced that the Ethereum Foundation is streamlining its operations to focus on longevity and cypherpunk values. Amid recent departures, Buterin emphasized the organization's shift towards a more defined purpose within the Ethereum network.

Nasdaq has been granted conditional approval to list cash-settled bitcoin index options under the ticker QBTC, tracking the CME CF Bitcoin Real Time Index. These options will eliminate operational barriers and allow for precise hedging and more affordable volatility trading.

Emmer's support for the Blockchain Regulatory Certainty Act highlights the ongoing bipartisan momentum in crypto legislation despite Washington's uncertainty. He emphasized the need for clearer rules to keep the U.S. competitive globally, framing crypto policy as a bipartisan concern.

Over $204 million worth of Bitcoin was transferred from Trump Media & Technology Group to Crypto.com addresses. The purpose of the move remains undisclosed, but it often precedes asset sales.

Traders outside the U.S. can now access crypto derivatives linked to ICE's energy benchmarks through OKX, expanding regulated global commodity market access. OKX's perpetual futures are tied to ICE's Brent and WTI oil futures prices, allowing speculation around the clock on critical oil markets.

Solana's Alpenglow upgrade faced issues during the live testnet launch, with bugs in TowerBFT and proof-of-history causing the migration to break. Despite the setbacks, Anza engineers successfully fixed the errors for a second attempt at the migration.

An estimated $700,000 was exploited from Polymarket's internal rewards wallet, not affecting user funds or market outcomes. The incident involved a private key compromise, not a flaw in the platform's core systems, according to on-chain security experts.

NEAR Protocol's token surged 28% in the past 24 hours, with a weekly rally of nearly 45% following announcements on privacy, AI, and scalability. The project's recent product launches include confidential treasuries, AI anonymization, and network scaling upgrades.