Quick Summary: The FBI’s annual internet crime report reveals Americans filed 181,565 complaints tied to crypto and AI scams, totaling more than $11 billion in losses. The Federal Bureau of Investigation has released its annual internet crime complaint report, revealing that cryptocurrency and AI-related scams ranked among the most financially damaging for Americans in 2025. The bureau recorded 181,565 complaints in this category, with total losses exceeding $11 billion. Overall, the FBI received more than one million complaints across all cyber-enabled crimes, with reported losses reaching approximately $21 billion.The FBI’s Internet Crime Complaint Center found that investment scams produced the…
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Quick Summary: Actress Milla Jovovich has co-created MemPalace, an open-source AI memory and retrieval system now available on GitHub. Milla Jovovich, the actress widely recognized for her roles in The Fifth Element and the Resident Evil franchise, has turned her attention to artificial intelligence. In a video posted to Instagram on Monday, she announced the creation of MemPalace, an open-source AI memory and retrieval system. Jovovich said the project emerged over several months while she was working on a separate, unnamed gaming project, during which she encountered persistent problems with how existing AI systems handle information storage and retrieval.According to…
Quick Summary: World Liberty Financial is under scrutiny after partnering with AB DAO, whose flagship project involved individuals later sanctioned by the US and UK. World Liberty Financial, a cryptocurrency venture with ties to former President Donald Trump, is facing renewed scrutiny over its choice of business partners. The concerns center on the firm’s partnership with AB DAO, a crypto organization whose recent flagship project involved individuals who were subsequently sanctioned by both the United States and Britain. The development has raised fresh questions about the company’s internal oversight and vetting procedures.World Liberty Financial has stated that it carried out…
Quick Summary: The FDIC has issued a proposal on regulating stablecoin issuers under the GENIUS Act, following a similar move by the OCC. The Federal Deposit Insurance Corp. has put forward a proposal outlining how stablecoin issuers should be regulated under the GENIUS Act, the legislation passed last year to govern the stablecoin sector. The move follows a similar proposal previously issued by the Office of the Comptroller of the Currency, marking a broader regulatory push across federal agencies. The FDIC’s action represents its second proposal related to implementing the GENIUS Act.The timing of the proposal is notable, as it…
Quick Summary: The Solana Foundation and Asymmetric Research have launched STRIDE, a tiered 24/7 security program for DeFi protocols, weeks after a $285M hack linked to North Korea. The Solana Foundation has unveiled a new security initiative aimed at protecting the network’s largest decentralized finance protocols, nearly one week after a major exchange on the platform was struck by a $285 million hack attributed to North Korean hackers. The program, developed in partnership with Asymmetric Research, is called STRIDE—short for Solana Trust, Resilience and Infrastructure for DeFi Enterprises. It provides around-the-clock threat monitoring for protocols holding more than $10 million…
Quick Summary: The Solana Foundation is running a San Francisco billboard campaign to highlight its x402 micropayments standard and push for crypto as AI agent infrastructure. The Solana Foundation has launched a billboard campaign in San Francisco directing attention to the x402 account, as part of a broader effort to establish crypto as background infrastructure for artificial intelligence agents. The campaign signals the foundation’s intent to position its network at the center of an emerging category of automated, machine-driven financial activity. The move reflects growing interest across the industry in so-called agentic payments.The foundation states it is becoming a leading…
Quick Summary: Jay Clayton rejects Tornado Cash co-founder Roman Storm’s bid to use a civil copyright case in his defense ahead of a potential retrial. Jay Clayton, the US Attorney for the Southern District of New York and former chair of the Securities and Exchange Commission, has filed a response opposing Roman Storm’s motion for acquittal. In the Tuesday filing, Clayton argued that Storm’s conduct during his operation of Tornado Cash amounted to little more than “window dressing at best and outright misdirection at worst.” The filing also rejected Storm’s attempt to draw on a civil copyright case as part…
Quick Summary: Grayscale warns that social consensus, not technology, is the main barrier to making public blockchains quantum-resistant as new research flags Bitcoin risks. Grayscale is pressing the cryptocurrency industry to accelerate efforts toward quantum-resistant public blockchains, arguing that the necessary technical tools are already available. According to the firm, the primary obstacle is not a lack of technology but rather the difficulty of reaching broad social consensus on implementing upgrades. The call comes amid fresh research highlighting potential vulnerabilities in existing cryptographic systems.New findings from Google Quantum AI suggest that Bitcoin’s cryptography could potentially be compromised using fewer than…
Quick Summary: Americans lost $11.4 billion to cryptocurrency scams in 2025, a 22% rise from the previous year, per a new FBI report. Americans lost a combined $11.4 billion to cryptocurrency-related scams in 2025, representing a 22% increase compared to the previous year, according to a newly released report by the Federal Bureau of Investigation. The findings highlight a sharp and continuing rise in digital asset fraud across the country. The scale of the losses underscores growing concerns about the vulnerability of investors to sophisticated online schemes.The FBI attributes the majority of these scams to organized criminal networks operating out…
Quick Summary: DeFi lending rates have dropped below traditional finance benchmarks, with Aave’s USDC yield trailing Interactive Brokers by over half a percentage point. Aave, one of the leading decentralized finance lending protocols, is currently offering a 2.61% annual percentage yield on USDC, a figure that now falls short of the 3.14% available through Interactive Brokers, a conventional brokerage platform. This marks a notable shift in the competitive landscape between decentralized and traditional finance. For years, higher yields were considered a defining advantage of the DeFi sector. That advantage appears to have eroded significantly.The decline in DeFi returns is particularly…
