CFA Report Pegs US Crypto Fraud Losses at $80.7B

Bitcoin ETFs experienced a significant outflow of $342.2 million after a 15-day streak of inflows totaling over $4 billion, following Federal Reserve Chair Jerome Powell's remarks on maintaining a restrictive monetary policy stance. The reversal highlights institutional caution amid potential higher interest rates.

Nexo has secured a three-year sponsorship with DP World Tour, becoming the official digital asset and wealth partner until 2027. The Scottish Championship will now be known as the Nexo Championship, held at Trump International Golf Links in Aberdeen.

The U.S. Department of the Treasury sanctioned Russian bulletproof hosting provider Aeza Group for aiding cybercriminal activities like ransomware attacks and darknet drug markets. Aeza Group's leadership team, including CEO Arsenii Penzev, was previously arrested by Russian authorities for hosting drug marketplaces.

Despite traditional on-chain metrics indicating weaker buyer demand, U.S. spot Bitcoin ETFs saw significant inflows in June, reflecting strong institutional interest. Institutional buying often occurs off-chain or through OTC desks, impacting market dynamics without triggering typical on-chain signals.

Arizona Governor Katie Hobbs vetoed a bill proposing a state-managed Bitcoin reserve, citing concerns about disincentivizing local law enforcement from participating in digital asset forfeiture. This marks her third rejection of Bitcoin-related legislation, including bills allowing state funds to be allocated into Bitcoin and accepting crypto payments for fines.

Figma, a design software giant, surprised many by holding a multi-million-dollar Bitcoin investment for over a year, with plans to buy more. The company's IPO filing revealed an initial $55 million investment in a Bitcoin ETF, which grew to $78.8 million in gains by December last year.

Hotels worldwide are increasingly using humanoid robots for check-ins and customer service, despite mixed traveler reactions. The hospitality robot market is booming, with an expected value exceeding $2 billion by 2030. The Henn-na Hotel in Japan is a pioneer in adopting robotic staff, although it faced technical challenges and guest complaints.

Dogecoin Cash Inc. has launched a subsidiary, Dogecoin Treasury Inc., to manage its Dogecoin (DOGE) treasury and support development initiatives. The company, previously Cannabis Sativia, Inc., rebranded in November to focus on cryptocurrency and blockchain projects, including a "Dogecoin Protocol."

MARA Holdings' Bitcoin mining production decreased by 25% in June due to weather conditions and industry challenges, resulting in 713 Bitcoins produced. The company plans to increase its network capacity by 40% by year's end to improve mining efficiency.

Federal Reserve chair Jerome Powell stated at a European Central Bank forum that he would have adjusted interest rates differently without President Trump's tariff policies. Despite Trump's demands for rate cuts, Powell has resisted, citing concerns about potential inflation and economic volatility.