CFA Report Pegs US Crypto Fraud Losses at $80.7B

Bitcoin's network has experienced a sudden influx of new IP addresses, raising concerns about a potential sybil attack. The spike in unique addresses could be attributed to various factors, including legitimate network growth, surveillance activities, or preparation for a media campaign.

MoonPay has acquired Dawn Labs, a startup specializing in AI-powered trading tools for prediction markets and digital asset traders. The acquisition has led to the launch of Dawn CLI, an AI-native trading product allowing users to create and execute trading strategies using natural language prompts.

Strategy resumed Bitcoin purchases after Chairman Michael Saylor clarified the possibility of selling to fund dividends. The firm bought 535 BTC for $43 million, bringing total holdings to 818,869 BTC worth $61.9 billion.

Circle Internet Group has raised $222 million in a token presale for its blockchain Arc, reaching a $3 billion valuation. The whitepaper outlines how Arc's native asset supports governance and security, with plans for a proof-of-stake consensus shift.

Traders paid exorbitant annualized fees of 8,700% to speculate on Anthropic's valuation through leveraged contracts on Hyperliquid, despite the lack of real Anthropic shares being traded. The funding rates on these contracts fluctuated wildly, with longs paying shorts significant amounts in funding alone.

In a single week, digital asset investment products attracted $857.9 million in inflows, the largest since late April, pushing total assets under management to $160 billion. Bitcoin led with $706.1 million, while altcoins like Ethereum, Solana, and XRP also saw significant gains.

MARA Holdings is expected to report first quarter earnings with analysts predicting losses due to bitcoin price decline. The company is transitioning into AI and high-performance computing, acquiring Long Ridge Energy for $1.5 billion to reduce reliance on volatile bitcoin mining revenues.

Companies are enhancing wallet security against quantum computing threats by implementing post-quantum cryptography. Silence Laboratories is integrating distributed signing systems using NIST-approved algorithms to protect against potential quantum computer attacks. The upgrade allows institutions to transition to post-quantum MPC-based wallets without altering existing infrastructure.

Bored Ape Yacht Club (BAYC) NFTs are experiencing a surge, with floor prices doubling to 10 ETH and apecoin (APE) rallying to $0.16. The rebound suggests a return of speculative interest in the NFT market, outperforming DeFi sectors.

TeraWulf (WULF) shares closed 2.6% lower after reporting a net loss of over $427 million in Q1 2026, a significant increase from the $61.4 million loss in Q1 2025. The company's revenue of $34 million was boosted by a 117% increase in AI compute sales.