AI Fraud: Bipartisan Bill Targets Threat
Reps. Ted Lieu and Neal Dunn introduce AI Fraud Deterrence Act, proposing up to $2 million fines and 30-year sentences for AI-assisted fraud. #Breaking #Legal
Decrypt News
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Bitcoin Depot Challenges $18.5M Legal Award
Bitcoin Depot’s Canadian subsidiary faces an $18.47M arbitration award from Cash Cloud over ATM failures, while a parallel lawsuit continues in U.S. bankruptcy court. #Update #Legal
Bitcoin Surges: JPMorgan’s 2028 Bet
JPMorgan Chase proposes a leveraged Bitcoin product via BlackRock’s iShares Bitcoin Trust, offering 1.5x returns by 2028 if approved; high risk of compounded losses. #Update #Crypto $BTC
Monad Faces Spoofed Transfers Post-Launch
Monad’s mainnet launch saw spoofed ERC-20 transfers misleading users, coinciding with a 43% MON price surge to $0.042 and a $500M market cap. #Update #Crypto
Stellar Network Powers US Bank Stablecoin Test
U.S. Bank is testing a stablecoin on the Stellar blockchain with PwC and the Stellar Development Foundation, joining other banks exploring crypto rails. #Update #Crypto $USDC
Bitcoin Threatened by Saudi Quantum Leap
Saudi Aramco installs Saudi Arabia’s first quantum computer, raising blockchain security concerns; experts say current systems can’t break Bitcoin cryptography yet. #Update #Tech
Bitcoin Rewards Debit Card Launches by Kraken
Kraken launches the Krak Card, a Bitcoin rewards debit card for UK and EU users, offering 1% cashback in Bitcoin or fiat. Expansion to more regions is planned. #Update #Crypto
Anthropic Launches Claude Opus 4.5 Upgrade
Anthropic launches Claude Opus 4.5, claiming top coding benchmark spot and cutting prices by 67%. Available via API and major platforms. #Update #AI
Bitcoin Heist Fails Russian Airsoft Grenades
A 21-year-old man was arrested in St. Petersburg after detonating Airsoft grenades and demanding crypto from an exchange, amid rising global “wrench attacks.” #Breaking #Crypto
Altcoin ETFs Surge XRP Solana Green
XRP ETFs saw $164M inflows Monday, contrasting Solana’s $156M weekly outflows amid a crypto selloff; regulatory optimism boosts XRP, while Solana faces technical risks. #Update #Crypto $XRP
Binance Sued Over Hamas Transactions Allegations
@Binance and co-founder Changpeng Zhao face a lawsuit alleging the platform facilitated transactions for Hamas, impacting over 300 families of U.S. victims. #Breaking #Legal
Bitcoin Surges Above $88K Will It Last
Bitcoin rebounds to $87,600, up 2.5% from weekend low amid declining seller momentum and increased call option activity, signaling cautious optimism. #Update #Crypto $BTC
Japan FSA Mandates Crypto Hack Reserves
Japan’s FSA plans 2026 legislation requiring crypto exchanges to maintain liability reserves, ending cold-wallet exemptions, following breaches like DMM Bitcoin’s $305M loss. #Update #Legal
Bitcoin Heist: $1.6M Stolen, Family Tortured
A wrench attack in Canada led to a family being waterboarded and assaulted for $1.6M in Bitcoin, with one attacker sentenced to seven years. #Breaking #Legal