CFA Report Pegs US Crypto Fraud Losses at $80.7B

Rain, a payments infrastructure platform, predicts stablecoin-based cards could make up double-digit percentages of cards in Latin American markets. Stablecoin card spend has grown significantly, with Rain providing infrastructure for card issuers and exploring on-chain settlement with Mastercard.

AUSTRAC is conducting two supervisory campaigns targeting crypto businesses in Australia to assess their readiness for regulatory reforms and evaluate their management of money laundering risks under the expanded framework.

The U.S. stock market's speculative mania is linked to bitcoin's recent rally, with options tied to the S&P 500 showing signs of overheating. The majority of market participants are positioned for upside, potentially driving crypto valuations higher.

The Canton Network ETF (TCAN) by 21Shares on Nasdaq offers direct exposure to Canton Coin (CC), the native token of Canton Network. Supported by major players like Goldman Sachs and Microsoft, the blockchain ecosystem focuses on privacy and compliance for capital markets.

Meme coin traders are hoping for a global hantavirus pandemic to boost a potential "meme coin supercycle," with some already investing in a hantavirus-themed token. Despite traders' enthusiasm, the World Health Organization has clarified that the hantavirus is not as contagious as COVID-19 and poses a low risk to the public.

Bitcoin surged to nearly $82,500 before dropping below $80,000, marking a 17% gain in the last month. Profit-taking has increased, analysts said, signaling a potential upcoming correction in the market dynamics.

American Bitcoin (ABTC) shares dropped over 9% due to a 20% decrease in quarterly mining revenue and reported net losses of nearly $82 million in Q1 2026. Despite this, the company increased its Bitcoin holdings by over 1,600 BTC and reduced mining costs to $36,200 per coin.

Amazon Web Services, in collaboration with Coinbase and Stripe, has introduced Amazon Bedrock AgentCore Payments for AI agents to use stablecoins for online transactions. This system aims to streamline payment processes for developers integrating various online services into their AI agents.

Tether's AI Research Group released QVAC MedPsy, a medical language model designed for smartphones and edge devices, outperforming larger rivals on various benchmarks. The model's efficiency, with fewer tokens per response, allows for local running without cloud dependency.

Vitalik Buterin, Ethereum's co-founder, fell victim to a sandwich attack, losing money on a transaction manipulated by a bot. These attacks exploit the mempool to profit from traders' transactions without their knowledge. Buterin advocates for encrypted mempools to combat MEV in Ethereum's future roadmap.