CFA Report Pegs US Crypto Fraud Losses at $80.7B

Nigel Farage received a $6.7 million gift from billionaire Christopher Harborne for personal security, undisclosed under UK campaign finance laws. Harborne also donated £12 million to the Reform UK party, sparking scrutiny over crypto's role in UK political funding.

Sky's Q1 2026 financial results show record revenue, with $124 million in gross revenue and $61 million in net revenue. Despite this success, the Sky governance token has decreased by 2.4% since the results were announced.

The Department of Finance in Canada has proposed a ban on Bitcoin and crypto ATMs to protect vulnerable individuals from scams. The government aims to combat rising fraud by shutting down self-service kiosks found at gas stations and convenience stores nationwide.

MoonPay has acquired Israeli crypto key management company Sodot to launch MoonPay Institutional, catering to traditional finance firms. Sodot, valued at about $100 million, specializes in MPC and TEE products for institutional asset managers and custodians.

Polymarket is seeking to lift a four-year ban on American users of its main on-chain exchange by engaging with the U.S. Commodity Futures Trading Commission. The 2022 enforcement targeted Polymarket's parent company for running an unregistered platform, resulting in a settlement and ban on U.S. residents.

Visa has expanded its stablecoin settlement pilot to include networks like Arc, Base, Canton, Polygon, and Tempo, catering to various settlement requirements. This move complements Visa's existing support for Ethereum, Solana, Avalanche, and Stellar, enhancing its multi-chain settlement layer.

Securitize and Computershare are collaborating to tokenize securities, allowing companies to issue digital stock representations on-chain. Computershare, serving 58% of S&P 500 companies, will facilitate the distribution of Issuer-Sponsored Tokens alongside traditional securities. This move signifies a significant shift towards blockchain-based finance in traditional markets.

A long-term Ethereum investor who bought 10,000 ETH for $3,100 in 2015 recently moved their entire holding for the first time in nearly 11 years. Analysts suggest the move may not indicate an imminent sell, with potential reasons being key recovery or portfolio restructuring.

Belo, a digital wallet in Latin America, secured $14 million in a Series A round led by Tether. The company plans to expand into multiple countries and deepen its presence in Brazil, targeting freelancers and remote workers.

Mezo Prime is launching Enclaves, allowing institutions to earn yield on Bitcoin held in custody with Anchorage Digital Bank. Institutional interest in generating returns on Bitcoin is growing, with projects like Rootstock and Babylon enabling BTC to be used in lending and borrowing.