CFA Report Pegs US Crypto Fraud Losses at $80.7B

Bitcoin CME open interest is at a 14-month low as basis trade unwinds, with Strategy stockpiling nearly $60 billion in Bitcoin. One dominant buyer is reshaping the market structure, leading to a shift in futures positioning and a decrease in perpetual funding rates.

Ripple is partnering with Kyobo Life Insurance, one of South Korea's major insurance firms, to offer tokenized government bond offerings. The collaboration aims to introduce real-time bond trading using blockchain technology in South Korea's $2.3 trillion bond market.

World, co-founded by OpenAI CEO Sam Altman, introduced a new World ID app for managing proof-of-human verification. The company also launched Concert Kit for artists to reserve tickets for verified humans, aiming to combat ticket scalping.

An Ethereum trader turned $2,455 into nearly $500,000 by trading the ASTEROID meme coin, which surged over 71,000% in 24 hours. The token's value skyrocketed after a social media post from Glenn Beck and a reply from Elon Musk.

Strategy's stock price surged 10% to $164, driven by easing Middle East tensions and Bitcoin's rise to $77,200. With nearly 781,000 Bitcoin acquired at $75,577, the firm's $60.5 billion investment turned profitable after three months.

Tether-related entities Northern Data and Rumble are in the process of merging, with Rumble offering equity for shares of Northern Data. Shareholders will receive 2.0281 shares of Rumble stock for each Northern Data share held.

Bitcoin linked to the $9 billion Bitfinex hack in 2016 was recently transferred to Coinbase Prime by U.S. government addresses. The move, valued at $628,000, raises questions about the government's intentions for the seized funds.

Dogecoin Cash Inc. is developing Dogecoin Gold, a token linking digital assets to physical gold reserves. The proposed system involves tokens representing defined units of gold held by a precious metals custodian, created and removed upon gold custody and redemption.

Autonomous agents now drive over 19% of on-chain activity, excelling in yield optimization but struggling in open-ended trading. Despite their potential, agents face challenges in adapting to real-time market changes and unclear conditions, as highlighted in recent research by DWF Ventures.

Payward, the parent company of Kraken, is set to acquire Bitnomial for up to $550 million in cash and stock. Bitnomial's regulatory infrastructure, as the first fully CFTC-licensed derivatives company in the U.S., will enhance Payward's B2B platform with crypto trading and derivatives capabilities.