CFA Report Pegs US Crypto Fraud Losses at $80.7B

DoorDash will utilize Tempo's blockchain to pay delivery workers with stablecoins in over 40 countries, aiming to simplify global payments complexities. The firm's focus on payout speed, cost efficiency, and transaction flexibility aligns with stablecoin benefits.

OP Labs introduced Privacy Boost, a technology enabling private transfers and interactions with DeFi apps on the OP Mainnet. The software development kit aims to attract enterprises to build real-world applications with privacy features.

Bank of Korea's new Governor Shin Hyun-song emphasized central bank digital currencies and deposit tokens in his inaugural address, focusing on projects like Hangang and Agora. Notably, he did not mention stablecoins, marking a departure from his previous stance.

Shipping companies are being targeted by scammers impersonating Iranian authorities, demanding cryptocurrency payments for safe passage through the Strait of Hormuz. Despite the lack of on-chain evidence, vessels have been pressured to make fraudulent payments to avoid being stranded.

In a quiet suburb of Montpellier, a family faced an attempted robbery by an attacker posing as a delivery driver, demanding access to a crypto wallet. The attacker, armed with a gun, was eventually overpowered by the victim after a struggle ensued.

Pro-Ethereum Wall Street group Etherealize predicts Ethereum could reach $250,000 per coin, based on the growth of DeFi. The group also criticizes Bitcoin and gold as "dead capital."

Carmine G. Agnello, grandson of John Gotti, was sentenced to 15 months in prison for diverting pandemic relief funds into crypto investments, defrauding the Small Business Administration of $1.1 million. Experts highlight a pattern of opportunistic fraud during COVID-era aid programs.

Bitcoin's rally to $78,000 faced resistance due to investor cost basis levels, with the average price paid for Bitcoin sitting at around $78,000. Institutional demand may absorb selling pressure at $83,000, while the 200-day moving average at $87,000 acts as a long-term trend indicator.

The Arbitrum Security Council froze 30,766 ETH worth $71.5 million connected to the KelpDAO exploit, moving the funds to an intermediary wallet. This emergency action was taken following law enforcement input about the exploiter's identity, making the funds inaccessible without further governance action.

Strategy has surpassed BlackRock's iShares Bitcoin Trust in BTC holdings, acquiring 34,164 BTC to reach a total of 815,061 BTC. Despite a smaller lead of over 12,000 BTC, this shift is symbolically significant given IBIT's rapid growth.