Decrypt is a Web3 media incubated inside ConsenSys Mesh from 2018 to 2022. In April 2022, it raised $10 million in funding and spun out. Its products include decentralized media PubDAO and NFT solution provider Decrypt Studios. Decrypt is laying the foundation for a new approach to media, leveraging Web3 applications to create a better future for everyone.
据 Decrypt 报道,巴西巴拉那州 Fazenda Engenho Velho 农场以 10 头奶牛为抵押,完成首笔在巴西证券交易所(B3)正式登记的代币化牲畜融资交易,贷款金额为 10 万雷亚尔(约 1.94 万美元)。每头奶牛通过农业科技公司 Cowmed 的 AI 传感器项圈采集健康、行为及位置数据,生成唯一加密数字身份,并以哈希方式写入信贷合约,全程无需实地农场核查。 该模式旨在解决银行对牲畜抵押普遍打折高达 60%的问题。背景方面,巴西农业破产申请 2025 年达 1990 件,较 2023 年的 534 件增长近四倍,农业信贷危机持续加剧。Cowmed 目前监控六国逾 10 万头奶牛,预计两年内将其中 20%(约 7760 万美元)纳入代币化抵押体系,并计划在 2026 年底前通过该模式撬动约 97 万美元信贷规模。
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
TrueDAO, a decentralized finance infrastructure project, announced the completion of a $10 million strategic funding round led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The new funds will be used for AI protocol development, intelligent risk control, security auditing, and the development of AI-driven risk monitoring and stress testing systems to optimize smart contracts and protocol modules, thereby enhancing infrastructure capabilities. (Decrypt)
prediction market platform Kalshi is in talks to raise a new round of funding at a valuation of approximately $40 billion, with a potential deal closing as early as the third quarter. Last month, Kalshi completed a $1 billion funding round from investors including Sequoia Capital, Andreessen Horowitz, Coatue, and Morgan Stanley, at a valuation of $22 billion.Kalshi CEO Tarek Mansour stated that the company is considering an IPO, but it will not go public in 2026, with a potential listing likely no earlier than late 2027 or 2028. Kalshi reported that as of April 2026, its annualized trading volume reached $178 billion, a 32-fold increase year-over-year.Kalshi is currently embroiled in a legal dispute between U.S. state and federal regulators over the oversight of prediction markets. The controversy includes whether sports event contracts constitute derivatives regulated by the CFTC or illegal gambling. CME has sued the CFTC over its approval of Kalshi's "perpetual" futures, Kentucky sued Kalshi and Polymarket this month, and the CFTC subsequently sued Kentucky to block its enforcement action. (Decrypt)
AI character economy platform Charms Interactive has announced the completion of a $1.5 million pre-seed funding round, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), and others. Charms has simultaneously launched its product, Charms.ai, aiming to upgrade "AI characters" from application features to tradable, ownable, and sustainable on-chain economic assets. (Decrypt)
According to Decrypt, Australia’s financial intelligence agency AUSTRAC has launched two targeted regulatory initiatives against the virtual asset industry, focusing on anti-money laundering (AML) and counter-terrorism financing (CTF) risk management practices of relevant businesses. These initiatives cover 36 cryptocurrency-to-fiat over-the-counter (OTC) trading operators and 27 domestic cryptocurrency exchanges. Australia’s new regulations have expanded oversight from traditional cryptocurrency exchanges to Virtual Asset Service Providers (VASPs), including custodial and brokerage services. The Travel Rule for virtual asset transfers will become mandatory on July 1.
According to Decrypt, Texas lawmakers are considering stricter measures than mere regulation for cryptocurrency ATMs, even potentially pushing for a ban. According to FBI data, losses in Texas due to cryptocurrency ATM scams reached $56.8 million in 2025, the highest in the nation, with 1,179 corresponding complaints. Nationwide, losses in such cases increased by 58% year-over-year to $389 million.
According to Decrypt, SEC Chairman Paul Atkins stated that if Congress fails to pass the Clarity Act, the SEC is "ready at any time" to issue cryptocurrency market rules independently. Atkins emphasized that legislation is the only way to prevent the regulatory framework from shifting with changing administrations, and expressed continued optimism regarding the bill's ultimate passage. Currently, the Clarity Act passed the House of Representatives last July with a 294-134 vote, and passed the Senate Banking Committee this May with a 15-9 vote, but has not yet undergone a full Senate vote (requiring 60 votes to pass). Senate Majority Leader Thune recently hinted that the bill may not be voted on before the August recess. If passed, the bill would transfer regulatory authority over the spot market for most tokens to the CFTC, removing them from SEC jurisdiction. The SEC has made advance arrangements; the "Project Crypto" regulatory scheme advanced by Atkins has been included in the 2026 agenda, covering token registration exemptions, safe harbors, and broker-dealer custody, and is regarded as a transitional plan for the Clarity Act.
According to Decrypt, a report released by the Consumer Federation of America (CFA) shows that estimated losses from cryptocurrency fraud in the US in 2025 reached as high as $80.7 billion, approximately 7 times the amount actually reported to the FBI ($11.37 billion). Based on 2017 Bureau of Justice Statistics survey data, the CFA extrapolated unreported losses using a 7.1x multiplier. Investment fraud was the largest single category, with estimated losses reaching $61.4 billion, a year-on-year increase of 32%; losses were particularly severe for the group aged 60 and above, with losses from crypto fraud alone reaching $4.4 billion. Currently, US law enforcement agencies have taken multiple actions, including the FBI's "Operation Level Up" which has prevented approximately $500 million in losses, and the Department of Justice has also seized over $25 million in crypto assets involved in fraud.
OdailyOdaily reports that the parliament controlled by Myanmar's military passed the "Anti-Online Scam Law" on Tuesday, allowing the death penalty for those who use violence or illegal detention to force others to engage in online fraud. A draft released in May showed that if the related abuse results in the death of the victim, the death penalty shall be imposed. The draft also stipulates that those who operate online scam centers or commit digital currency fraud can face a maximum sentence of life imprisonment, with sentences for coercion-related crimes ranging from 10 years to life imprisonment. Lower house lawmaker Aye Chan stated that the death penalty clause has been retained in the approved version, the important parts of the bill remain unchanged, and the full text has not yet been published. This bill is the first law passed by the new government of Min Aung Hlaing. The United Nations Office on Drugs and Crime (UNODC) estimates that scam activities in East Asia, Southeast Asia, and Oceania caused losses of between $88.3 billion and $114.1 billion in 2025, and individuals from at least 80 countries were found in related scam compounds. (Decrypt)
据 Decrypt 报道,高盛董事长兼 CEO 大卫·所罗门公开表态支持加密货币市场结构法案(Clarity Act),称其有助于"建立公平竞争环境、提升市场稳定性并推动创新"。此举与摩根大通 CEO 杰米·戴蒙及多家银行业协会的立场明显相左——后者强烈反对法案中允许稳定币提供收益的条款,认为此举将吸走传统银行存款。 目前,参议院共和党人正在流传最新法案草案,新增了限制总统及其家人参与加密业务的伦理条款,但该限制将于 2029 年到期且不适用于特朗普之子,遭民主党批评力度不足。法案能否在八月休会前完成参议院投票,前景仍不明朗。
据 Decrypt 报道,巴西巴拉那州 Fazenda Engenho Velho 农场以 10 头奶牛为抵押,完成首笔在巴西证券交易所(B3)正式登记的代币化牲畜融资交易,贷款金额为 10 万雷亚尔(约 1.94 万美元)。每头奶牛通过农业科技公司 Cowmed 的 AI 传感器项圈采集健康、行为及位置数据,生成唯一加密数字身份,并以哈希方式写入信贷合约,全程无需实地农场核查。 该模式旨在解决银行对牲畜抵押普遍打折高达 60%的问题。背景方面,巴西农业破产申请 2025 年达 1990 件,较 2023 年的 534 件增长近四倍,农业信贷危机持续加剧。Cowmed 目前监控六国逾 10 万头奶牛,预计两年内将其中 20%(约 7760 万美元)纳入代币化抵押体系,并计划在 2026 年底前通过该模式撬动约 97 万美元信贷规模。
Bitcoin was priced at approximately $63,020 on Friday, down 1.7% on the day and 50% lower than the record high of $126,080 set in October. Bitcoin failed to hold above $65,000 on Wednesday, dropping to an intraday low of $62,640, breaking through the $64,500 Put Wall associated with this week's option expiry. Glassnode数据显示,over 65% of Bitcoin flowing into exchanges comes from long-term holders selling at a loss. The firm noted that this reading aligns with early bear market phases, during which this group dominated the sell-side until selling pressure gradually exhausted. Tim Sun, Senior Researcher at Hashkey, stated that the global equity pullback and accelerated deleveraging of semiconductor and AI-related assets have dampened market risk appetite and reduced institutional exposure to Bitcoin. He pointed out that the derivatives market does not show crowded leverage, with selling pressure concentrated in the spot market. After a net outflow of $425 million on Monday, U.S. spot Bitcoin ETFs saw a net inflow of $181 million on Tuesday and $108 million on Wednesday. Related funds have attracted cumulative inflows of approximately $51 billion since their launch in 2024. (Decrypt)
Odaily News According to on-chain tracking platform Arkham, the US government on Monday transferred a total of $288.33 million in seized BTC and ETH to Coinbase Prime, including approximately 3,800 BTC valued at $235 million and around 30,000 ETH valued at $53 million. The assets originated from criminal cases involving Brian Krewson, BTC-e, and Ryan Farace. Tim Sun, Senior Researcher at HashKey, stated that Coinbase Prime serves as the custodian for the US government, and it remains unconfirmed whether these transfers are preparation for sale or merely for the consolidation and custody of seized assets. Arkham tracking shows that the US government wallet still holds $20.6 billion in crypto assets, including 324,552 BTC. (Decrypt)
CryptoQuant has indicated that the amount of Bitcoin deposited into centralized exchanges last week rose to nearly 50,000 BTC per day, marking the fourth time this year it has reached that level. The report states that this increase coincides with Bitcoin testing the key support level of $60,000. If it breaks below this level, Bitcoin could move toward the realized price of $53,000. During the same period, the average Bitcoin deposit size roughly doubled from 1 BTC to 2 BTC, with CryptoQuant attributing this growth to whales and institutions rather than retail investors. Ethereum's daily inflow peaked at 1.25 million ETH, and the number of deposit transactions for other altcoins also rose to over 45,000 per day. Bitcoin is up 3.5% this week, trading at $62,886, more than 50% below its all-time high of $126,080 from October; Ethereum is up nearly 12% this week, trading at $1,787, approximately 64% below its all-time high of $4,946. (Decrypt).
investment firm Bernstein has released a report indicating that the expanded 48-team 2026 FIFA World Cup, set to take place in North America, is expected to drive up to $10 billion in consumer transaction volume for sports betting and prediction markets, along with over $3 billion in incremental capital.Bernstein analysts pointed out that this World Cup could be a turning point for prediction markets and online sports betting platforms, accelerating the development of platforms like Kalshi and Polymarket. Robinhood is leveraging this opportunity to commercially launch its CFTC-licensed prediction market exchange, Rothera. Institutions such as Binance and Coinbase are also offering World Cup contracts through partnerships. Currently, on the Myriad platform, Spain and France have the highest odds of winning. (Decrypt)
Odaily Bitcoin continued its decline this week, recently trading at $60,619, approximately 12.6% lower than its closing price of around $69,355 on November 5, 2024, the day of the US election. It briefly dipped below $60,000 for the first time since 2024, falling nearly 52% from its all-time high. After Trump's re-election in 2024, Bitcoin surged above $75,000 and reached approximately $109,000 in January 2025. In October 2025, Bitcoin hit a high of $126,080 before dropping from above $121,000 to $106,000 amid a $19 billion liquidation event in the crypto market. In January 2026, Bitcoin ETFs saw net outflows exceeding $1.5 billion. Michael Saylor's Strategy sold 32 Bitcoins worth approximately $2.5 million at the end of May. Trump recently stated that he would not let the crypto industry down. The GENIUS Act was signed into law last year, while the Clarity Act, which passed a committee vote in May, has yet to complete the legislative process. (Decrypt)
According to Decrypt, Standard Chartered analysts stated in a report released on Thursday that Ethereum’s current price does not yet reflect its growing network transaction activity or the rising total value locked (TVL) in decentralized finance (DeFi). The bank reiterated its price targets of $4,000 by year-end and $40,000 by the end of this decade. The institution noted that Ethereum has already established dominance in the stablecoin and tokenized asset sectors and stands to benefit from Wall Street’s ongoing migration toward digital asset infrastructure. The report also indicated that if real-world assets (RWA) grow 50-fold over the coming years, on-chain transaction volume and TVL on Ethereum could continue to reach new highs.
According to Decrypt, Galaxy Digital has officially launched the "Bitcoin Quantum Readiness Initiative," with three core pillars including: providing up to $5 million in post-quantum cryptography research grants to developers, publishing specialized research reports through Galaxy Research, and establishing a quantum advisory committee composed of scholars from multiple top universities. The initiative targets "Q-Day"—the critical moment when quantum computers utilize Shor's algorithm to crack Bitcoin's elliptic curve encryption, forge signatures, and steal wallet assets. Project Eleven predicts that quantum computers capable of cryptographic threats may emerge as early as 2030, at which point approximately 6.9 million BTC will face exposure risks. The Coinbase Quantum Advisory Committee has also called on developers to immediately initiate migration work. Meanwhile, Trump has signed an executive order setting the deadline for the U.S. federal government to complete post-quantum cryptography migration to December 2031.
: On-chain digital asset management neobank ether.fi has selected Nexus Mutual to provide ETH slashing coverage, covering slashing penalties for its validators up to 15,000 ETH. ether.fi stated that it operates a large-scale validator set on Ethereum, and slashing is a tail risk. This coverage is used to cover validator losses, with a scale exceeding the total historical ETH slashing losses. ether.fi currently manages over $6 billion in assets across products such as Cash, Stake, and Liquid. Since 2019, Nexus Mutual has provided over $7 billion in coverage for smart contract attacks, slashing, and other digital asset risks. (Decrypt)
researchers from the Ethereum Foundation Protocol Security team said in a blog post on Thursday that they have deployed a series of AI agents to test the software relied upon by Ethereum, searching for vulnerabilities in encryption systems, protocol code, and smart contracts. The vulnerabilities discovered by the AI agents include a remotely triggerable panic issue in the libp2p gossipsub peer-to-peer layer used by Ethereum consensus clients. The issue has been fixed and disclosed on Github as CVE-2026-34219. Researchers stated that the AI agents are organized into specialized roles such as reconnaissance, search, patching, and verification, used to find potential attack paths, reproduce faults, and verify their applicability to production code. The Ethereum Foundation stated that AI has not replaced security researchers but has changed the way they work, enabling the team to cover far more scope than manual review. However, it requires researchers to exercise more careful judgment when evaluating a large number of seemingly credible conclusions. (Decrypt)
multiple blockchain and post-quantum cryptography researchers have warned that artificial intelligence (AI) is accelerating the development of quantum computing and could potentially impact the security systems of mainstream blockchains, including Bitcoin and Ethereum, earlier than anticipated.Alex Pruden, CEO of Project Eleven, a firm focused on quantum-resistant infrastructure, stated that the combination of AI and quantum computing is fundamentally reshaping the future security landscape. "People will no longer be able to rely on existing security assumptions as they have in the past," he said.Researchers point out that AI is already being used to optimize quantum error correction, which is one of the key technical bottlenecks in the development of quantum computing. Illia Polosukhin also noted that AI has been accelerating scientific breakthroughs for years, and in the future, there may even be a circular acceleration effect where "AI helps build the next generation of quantum computers."One of the industry's biggest current concerns is the "Harvest Now, Decrypt Later" strategy, where governments or advanced attackers begin mass-collecting encrypted data now, waiting to decrypt it all at once once quantum computing matures. Polosukhin warned that if quantum computers become viable within a few years, "most of today's important data on the internet could be decrypted in the future."Given that most blockchain networks and internet infrastructure currently rely on elliptic curve cryptography (ECC), a sufficiently powerful quantum computer could theoretically derive a private key from a public key, directly breaking wallets and on-chain systems. Simultaneously, AI itself is strengthening hacking capabilities. Pruden stated that AI models are becoming increasingly adept at discovering software vulnerabilities and cryptography implementation flaws, and may even be able to crack some encryption algorithms directly in the future.However, AI is also being used by developers for code auditing, formal verification, and testing post-quantum security systems, creating a "long-term security arms race" with simultaneous upgrades on both the offensive and defensive sides. Researchers believe the most significant change brought by AI and quantum computing together is that the core assumption of "long-term cryptographic reliability" in the digital age is being challenged. Future security systems may shift from "static upgrades" to continuous dynamic evolution. (CoinDesk)
According to Decrypt, Microsoft’s Threat Intelligence team disclosed that attackers had injected malicious code into Mistral AI packages distributed via the PyPI platform. This malicious code automatically executes when developers use the packages on Linux systems, downloading and running a malicious file named <code>transformers.pyz</code> in the background—the filename deliberately mimics the widely used Hugging Face Transformers library to evade detection. Microsoft noted that the malware primarily steals developers’ login credentials and access tokens. It avoids execution on Russian-language systems and includes logic that can randomly delete files on devices located in Israel or Iran. This attack is linked to the “Shai-Hulud” supply-chain campaign launched in September. In response, Mistral stated that its investigation found the attack originated from compromised developer devices, and its corporate infrastructure was not breached.
According to Decrypt, an anonymous cryptocurrency whale filed a lawsuit against Coinbase this week in the U.S. District Court for the Northern District of California, accusing the exchange of refusing to return over $55 million worth of DAI stablecoins stolen in a phishing attack in 2024. The plaintiff claims to have engaged multiple on-chain investigation firms to trace the funds, ultimately identifying that the stolen assets flowed into a Coinbase account. Coinbase confirmed in December 2024 that it had frozen the relevant assets but refused to return them, citing the need for a court order. As of today—more than a year and a half after the incident—the victim has still not recovered the assets and has therefore turned to litigation. The attack was carried out by hackers using the “Inferno Drainer” tool to spoof the DeFi Saver login page; after the victim inadvertently interacted with the fake page, their wallet was fully compromised by the attackers.
According to Decrypt, Microsoft is silently pushing the new OneDrive Photos app to some Windows 11 users via Windows Update or OneDrive client updates. The app can automatically index local photo libraries, supports natural language AI search and optical character recognition, and includes an optional face grouping feature. Since face data is considered biometric information in some regions, this feature requires users to actively enable it. Notably, the app currently cannot be uninstalled separately; users who wish to remove it must fully uninstall OneDrive.
According to Decrypt, a report released by the Consumer Federation of America (CFA) shows that estimated losses from cryptocurrency fraud in the US in 2025 reached as high as $80.7 billion, approximately 7 times the amount actually reported to the FBI ($11.37 billion). Based on 2017 Bureau of Justice Statistics survey data, the CFA extrapolated unreported losses using a 7.1x multiplier. Investment fraud was the largest single category, with estimated losses reaching $61.4 billion, a year-on-year increase of 32%; losses were particularly severe for the group aged 60 and above, with losses from crypto fraud alone reaching $4.4 billion. Currently, US law enforcement agencies have taken multiple actions, including the FBI's "Operation Level Up" which has prevented approximately $500 million in losses, and the Department of Justice has also seized over $25 million in crypto assets involved in fraud.
According to Decrypt, the Myanmar military-backed parliament passed an anti-online fraud law on Tuesday. According to the draft published in May this year, using violence or illegal detention to force others to engage in online fraud, if it results in the death of victims, is punishable by death; those operating online fraud compounds or committing "digital currency fraud (cryptocurrency fraud)" face up to life imprisonment.
OdailyOdaily reports that the parliament controlled by Myanmar's military passed the "Anti-Online Scam Law" on Tuesday, allowing the death penalty for those who use violence or illegal detention to force others to engage in online fraud. A draft released in May showed that if the related abuse results in the death of the victim, the death penalty shall be imposed. The draft also stipulates that those who operate online scam centers or commit digital currency fraud can face a maximum sentence of life imprisonment, with sentences for coercion-related crimes ranging from 10 years to life imprisonment. Lower house lawmaker Aye Chan stated that the death penalty clause has been retained in the approved version, the important parts of the bill remain unchanged, and the full text has not yet been published. This bill is the first law passed by the new government of Min Aung Hlaing. The United Nations Office on Drugs and Crime (UNODC) estimates that scam activities in East Asia, Southeast Asia, and Oceania caused losses of between $88.3 billion and $114.1 billion in 2025, and individuals from at least 80 countries were found in related scam compounds. (Decrypt)
据 Decrypt 报道,高盛董事长兼 CEO 大卫·所罗门公开表态支持加密货币市场结构法案(Clarity Act),称其有助于"建立公平竞争环境、提升市场稳定性并推动创新"。此举与摩根大通 CEO 杰米·戴蒙及多家银行业协会的立场明显相左——后者强烈反对法案中允许稳定币提供收益的条款,认为此举将吸走传统银行存款。 目前,参议院共和党人正在流传最新法案草案,新增了限制总统及其家人参与加密业务的伦理条款,但该限制将于 2029 年到期且不适用于特朗普之子,遭民主党批评力度不足。法案能否在八月休会前完成参议院投票,前景仍不明朗。
the United Nations Office on Drugs and Crime (UNODC) released a report stating that decentralized criminal syndicates in Southeast Asia have reorganized into a single, interconnected criminal economy, operating based on shared fraud and money laundering infrastructure.The UNODC estimates that fraud crimes in East Asia, Southeast Asia, Australia, and New Zealand caused losses of between $88.3 billion and $114.1 billion in 2025, with a significant portion stemming from crypto investment scams and romance scams run from industrial parks, with related proceeds laundered on-chain. The report states that personnel from at least 80 countries have been identified within scam compounds, and the scam networks are recruiting individuals with proficiency in European and North American languages through advertisements. The report also points out that malicious advertising has increased by 42% year-over-year in 2025, and satellite internet enables criminal activities to operate in remote areas. (Decrypt)
According to Decrypt, Texas lawmakers are considering stricter measures than mere regulation for cryptocurrency ATMs, even potentially pushing for a ban. According to FBI data, losses in Texas due to cryptocurrency ATM scams reached $56.8 million in 2025, the highest in the nation, with 1,179 corresponding complaints. Nationwide, losses in such cases increased by 58% year-over-year to $389 million.
According to Decrypt, SEC Chairman Paul Atkins stated that if Congress fails to pass the Clarity Act, the SEC is "ready at any time" to issue cryptocurrency market rules independently. Atkins emphasized that legislation is the only way to prevent the regulatory framework from shifting with changing administrations, and expressed continued optimism regarding the bill's ultimate passage. Currently, the Clarity Act passed the House of Representatives last July with a 294-134 vote, and passed the Senate Banking Committee this May with a 15-9 vote, but has not yet undergone a full Senate vote (requiring 60 votes to pass). Senate Majority Leader Thune recently hinted that the bill may not be voted on before the August recess. If passed, the bill would transfer regulatory authority over the spot market for most tokens to the CFTC, removing them from SEC jurisdiction. The SEC has made advance arrangements; the "Project Crypto" regulatory scheme advanced by Atkins has been included in the 2026 agenda, covering token registration exemptions, safe harbors, and broker-dealer custody, and is regarded as a transitional plan for the Clarity Act.
According to Decrypt, Microsoft is silently pushing the new OneDrive Photos app to some Windows 11 users via Windows Update or OneDrive client updates. The app can automatically index local photo libraries, supports natural language AI search and optical character recognition, and includes an optional face grouping feature. Since face data is considered biometric information in some regions, this feature requires users to actively enable it. Notably, the app currently cannot be uninstalled separately; users who wish to remove it must fully uninstall OneDrive.
According to Decrypt, a report released by the Consumer Federation of America (CFA) shows that estimated losses from cryptocurrency fraud in the US in 2025 reached as high as $80.7 billion, approximately 7 times the amount actually reported to the FBI ($11.37 billion). Based on 2017 Bureau of Justice Statistics survey data, the CFA extrapolated unreported losses using a 7.1x multiplier. Investment fraud was the largest single category, with estimated losses reaching $61.4 billion, a year-on-year increase of 32%; losses were particularly severe for the group aged 60 and above, with losses from crypto fraud alone reaching $4.4 billion. Currently, US law enforcement agencies have taken multiple actions, including the FBI's "Operation Level Up" which has prevented approximately $500 million in losses, and the Department of Justice has also seized over $25 million in crypto assets involved in fraud.
According to Decrypt, the Myanmar military-backed parliament passed an anti-online fraud law on Tuesday. According to the draft published in May this year, using violence or illegal detention to force others to engage in online fraud, if it results in the death of victims, is punishable by death; those operating online fraud compounds or committing "digital currency fraud (cryptocurrency fraud)" face up to life imprisonment.
OdailyOdaily reports that the parliament controlled by Myanmar's military passed the "Anti-Online Scam Law" on Tuesday, allowing the death penalty for those who use violence or illegal detention to force others to engage in online fraud. A draft released in May showed that if the related abuse results in the death of the victim, the death penalty shall be imposed. The draft also stipulates that those who operate online scam centers or commit digital currency fraud can face a maximum sentence of life imprisonment, with sentences for coercion-related crimes ranging from 10 years to life imprisonment. Lower house lawmaker Aye Chan stated that the death penalty clause has been retained in the approved version, the important parts of the bill remain unchanged, and the full text has not yet been published. This bill is the first law passed by the new government of Min Aung Hlaing. The United Nations Office on Drugs and Crime (UNODC) estimates that scam activities in East Asia, Southeast Asia, and Oceania caused losses of between $88.3 billion and $114.1 billion in 2025, and individuals from at least 80 countries were found in related scam compounds. (Decrypt)