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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.
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"Luigi: The Musical" features Sam Bankman-Fried, Luigi Mangione, and Sean “Diddy” Combs as cellmates in a satirical play mocking Silicon Valley culture. The production, set in a Brooklyn prison, quickly sold out in San Francisco, prompting additional performances due to high demand.
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Eric Trump has denied involvement in Tron's Nasdaq debut despite being on Dominari Securities' advisory board. Tron plans to go public through a reverse merger with SRM Entertainment, renaming itself "Tron" and accumulating TRX tokens.
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The X account of Solana-based meme coin launchpad Pump.fun was suspended, along with other crypto accounts, without explanation. Founders like Alon Cohen and Shaw Walters were affected, with some platforms appealing the decision.
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The Avalanche Battle Pass, a free-to-mint NFT, connects games and rewards players for playing partnered games like Off the Grid and MapleStory N. It supports over a dozen games and offers rewards such as in-game NFTs and AVAX tokens.
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Cantor Fitzgerald predicts potential 75% stock price increases for companies holding Solana reserves, such as DFDV, UPXI, and HODL. These firms offer exposure to Solana's blockchain network, with DFDV rated highest due to its management and infrastructure ownership.
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JPMorgan Chase has filed a trademark application for a Web3 project called JPMD with the U.S. Patent and Trademark Office, hinting at a potential stablecoin launch. The filing focuses on cryptocurrency-related services, leading some experts to speculate about JPMD being a stablecoin.
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Donald Trump's crypto holdings generated over $58 million in revenue in 2024, making it his second largest income source after his hospitality businesses. With significant gains from World Liberty Financial and his meme coin, digital assets are expected to become his primary income stream in 2025.
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The U.S. Army parade sponsored by Coinbase drew criticism from crypto influencers like Peter Saddington and Adam Cochran. Some crypto users believe the sponsorship contradicts Coinbase's apolitical stance and goes against Bitcoin's purported anti-war principles.
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Bybit has introduced a new Solana-based exchange, Byreal, which will combine centralized and decentralized liquidity sources for trading. The platform aims to offer a hybrid model to merge liquidity and execution methods, along with additional features like Revive Vault and Reset Launch for Solana assets.
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S&P Global analysts emphasize that Circle's IPO and rising stock price have no impact on the stability of its USDC stablecoin. Uncertainty arises regarding the fate of USDC reserves if the publicly traded issuer were to face bankruptcy.