CFA Report Pegs US Crypto Fraud Losses at $80.7B

Biconomy introduced Ethereum standard ERC-8211 for smart batching, allowing multiple blockchain operations to execute together in DeFi. This system resolves transaction values in real time, addressing the challenge of unknown outputs in transactions.

Dr. John M. Martinis, a Nobel Prize-winning physicist involved in Google's quantum computers, warned that Bitcoin could be an early target for quantum technology. He emphasized the seriousness of recent Google research showing how quantum computers could break Bitcoin encryption within minutes.

In 2025, crypto-related fraud in the U.S. reached a record high of $11.366 billion, with 181,565 complaints received by the FBI's IC3, marking a 21% increase from the previous year. Victims aged 60 and older suffered the most losses, totaling $4.432 billion.

A Bitcoin whale moved over $20 million worth of BTC to a Binance deposit address, potentially incurring a $15.02 million loss. This transfer is part of a trend of significant movements by large holders as Bitcoin remains below last year's highs.

Bitcoin ETFs saw a significant inflow of $471.3 million, led by BlackRock's IBIT, Fidelity's FBTC, and ARKB, as investors positioned ahead of President Trump's deadline on Iran. Institutional investors are cautiously accumulating Bitcoin, with a focus on structured allocation rather than geopolitical bets.

Anthropic's partnership with Google and Broadcom for multiple gigawatts of TPU compute capacity, starting in 2027, highlights the increasing competition for energy resources between AI compute and bitcoin mining. This move signifies the rapid growth of AI as a significant player in the energy infrastructure landscape.

SEC Chair Paul Atkins announced that the commission is finalizing a new regulation for the crypto industry, focusing on the Securities Act of 1933 and startup exemptions. He emphasized the importance of feedback and mentioned an upcoming innovation exemption to support startups.

Polymarket is undergoing a significant upgrade, introducing a new order book and its stablecoin, Polymarket USD, as collateral. The changes will require a brief period of canceling open orders, with advanced notice provided to traders. Advanced users may need to update their software development kits for the new order book structure.

Bitcoin Core developers will demonstrate "attack blocks" on Signet, showcasing severe consensus vulnerabilities addressed by BIP 54. Participants can run a Signet node to observe the blocks being mined and processed in real-time. A software patch for the demonstration is available, and a Bitcoin Core GUI will display the attack blocks during the event.

Tokenized equities, like Galaxy (GLXY), will soon allow proxy voting for shareholders through Broadridge’s tokenized governance platform on the Avalanche-powered network. This move is seen as a significant step towards a tokenized equity market, according to Galaxy's CEO Mike Novogratz.