CFA Report Pegs US Crypto Fraud Losses at $80.7B

Circle has increased its IPO plans, aiming to sell 32 million shares at $27-$28 each to raise up to $896 million, up from the initial plan of 24 million shares. The revised plan values the stablecoin issuer at $7.2 billion, indicating heightened investor interest.

Consensys, led by CEO Joe Lubin, is acquiring Web3Auth to enhance MetaMask, a top non-custodial crypto wallet with 250 million users. The acquisition aims to simplify wallet access for beginners who may struggle with seed phrases. (Disclosure: Consensys is one of 22 investors in an editorially independent Decrypt.)

Bonk Arena, the first licensed game for Solana meme coin Bonk, is a fast-paced arcade shooter playable on web browsers and the Phantom wallet app. Players pay 10,000 BONK to spawn and can earn rewards by killing others in the game.

SharpLink Gaming's shares have plummeted by over 38% since the market opened, despite securing an investment round to acquire up to $425 million in Ethereum. The company's stock surged to $124 but now trades at $47.16, down 62% from its peak last week.

Metaplanet, Japan's first Bitcoin treasury firm, has purchased 1,088 BTC for $117.3 million, bringing its total holdings to 8,888 BTC—about $927 million worth. With a 225% yield in the past year, the company's market cap is $3.82 billion, making it the 3,217th most valuable globally.

Strategy, formerly MicroStrategy, disclosed a recent $75 million Bitcoin purchase in an SEC filing. The company now holds 581,000 Bitcoin valued at $60.4 billion, funded by selling preferred stock. Despite a slight stock price dip, Strategy's shares are up 26% year-to-date.

Despite U.S.-China trade tension and tariff drama, Bitcoin remained stable above $104,000, with Trump's tariff hike announcement causing nearly $1 billion in crypto liquidations. Institutional interest in BTC remains strong, with BlackRock's Bitcoin Trust ETF seeing outflows after a record inflow streak.

Pump.fun's creator revenue sharing feature has allowed a token creator to earn $93,780 in three weeks, with the Moonpig meme coin reaching a $125 million market cap. The top earner, wallet w3rE, received fees from trades on the coin.

Bitcoin is predicted to reach new highs, with traders betting on a 20% surge to $125,000 by June and potentially hitting $170,000 by December. Factors like institutional interest, political support, and liquidity influx are driving this rally.

A donation of 300 BTC, valued at $31 million, was made to Ross Ulbricht's personal wallet. The BTC, sourced from 2014 or earlier, was initially viewed as a generous donation. Despite speculation, the mystery of the donor behind this significant contribution remains unsolved.