Americans have lost a whopping $893 million to AI-powered scams in just one year, according to a new report. The FBI’s Internet Crime Report now includes AI scam specifics, with 22,364 AI-related complaints in 2025 totaling exactly $893,346,472 in reported losses, reports Malwarebytes. AI-generated scripts are supercharging classic fraud schemes such as government impersonation, business …
Monthly archives: July 2026
Bitcoin profit and loss ratio falls to 43-month low
Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later. Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided …
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OKX Announces Direct Crypto Aid for Venezuelans Hit by Devastating Twin Earthquakes
The exchange wants to help Venezuelans who were hit by twin earthquakes last week and is now giving 20 USDT to users with proof of address verifying they reside in La Guaira, the state most affected by this natural disaster. OKX Opens Airdrop for Venezuelan Earthquake Victims OKX, one of the largest cryptocurrency exchanges by …
Former Blackrock Executive Defends Ethereum as Solana’s Validator Count Shrinks to 800
Sharplink co-CEO Joseph Chalom, a former Blackrock executive, has pushed back on claims that Ethereum has a “culture problem,” arguing its 900,000-plus validators and one million-plus developers give it a decentralization edge Solana cannot match. Chalom Rejects the ‘Culture Problem’ Narrative Joseph Chalom, co-chief executive of ether treasury firm Sharplink and former head of digital …
Traders Push Bitcoin Back Above $62,000 as $31M Liquidations Signal Cooling Volatility
Bitcoin stabilized near $62,000 after a brief dip to $61,300, posting a modest 1.5% daily rise—far weaker than the approximately 3% surges seen on July 1–2. Liquidations Drop Sharply Amid Marginal Gains Bitcoin consolidated between $61,000 and $62,000 following sizable gains during the first two days of July, as rising selling pressure capped its bullish …
SOL rallies as Solana memecoins, prediction market activity surge: Are bulls back?
Rising interest in Solana-network memecoins and prediction markets was followed by a rally in SOL price. Will the momentum continue? Key takeaways: Solana’s SOL token jumped to its highest mark in over 30 days on Friday at $83, marking a decoupling from the altcoin market. SOL’s rally gained steam from a surge in tokenized trading …
Donald Trump says ‘nothing wrong’ with $1.4B crypto windfall while in office
The US President disclosed earning more than $1 billion from crypto ventures amid discussions of a digital asset market structure bill in Congress and legislation to ban CBDCs awaiting his desk. US President Donald Trump has responded to criticism of his 2025 financial disclosures, showing that he earned $1.4 billion in income from crypto-related ventures …
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ESMA warns many prediction market event contracts already face EU retail ban
The European regulator said companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives. The European Securities and Markets Authority (ESMA) has warned that many prediction market contracts may already fall under existing restrictions on binary options, saying companies cannot avoid financial regulations simply by marketing them as “event contracts.” …
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ChatGPT, Claude Fable and Grok Forecast Whether Satoshi’s 1.1M Bitcoin Fortune Ever Moves
Satoshi Nakamoto remains Bitcoin’s most coveted mystery, with the creator’s true identity continuing to captivate researchers, journalists, cryptographers, and enthusiasts more than 17 years after the network’s launch. To explore whether that mystery will ever be solved, several of today’s top artificial intelligence (AI) models used Bayesian scenario trees to estimate the odds that Nakamoto’s …
Open USD Backlash: Consortium Faces Allegations of Faking Key Stablecoin Partnerships
Some companies that appeared to be listed in the Open USD Consortium have refused to approve their inclusion. Blockmedia’s BD Head, Tony Chung, indicated that Korean powerhouse Samsung stressed it did not consent, while other names also offered similar takes. Open USD Immersed in Unapproved Inclusion Scandal With Companies Like Samsung Open Standard, the consortium …
Polymarket Traders Give Bitcoin Just 21% Odds of Hitting $70K in July, Even as ETF Money Returns
Polymarket traders are pricing only a 21% chance that bitcoin hits $70,000 before the end of July, with the coin trading near $61,600. The skepticism persists even as U.S. spot bitcoin ETFs just posted their strongest daily inflow since early May. Betting on a Bounce, Not a Breakout Prediction market traders see bitcoin recovering this …
First Law Enforcement Group Backs CLARITY Act as Lummis Continues to Press for July Senate Vote
The National Organization of Black Law Enforcement Executives has become the first major law enforcement group to endorse the Clarity Act, handing the crypto bill fresh momentum as Senator Cynthia Lummis pushes for a Senate floor vote this month. The bill needs 60 votes to pass. An Unexpected Ally The National Organization of Black Law …
Binance ETH Withdrawals Hit 3-Year High as Riot Stages Another 500 BTC for Possible Sale
Crypto’s largest exchange logged more than 166,000 ether withdrawal transactions in a single day, a three-year record, just as bitcoin miner Riot Platforms moved 500 BTC worth $30.72 million into NYDIG custody. A Record Day for Ether Withdrawals Binance processed more than 166,000 ether withdrawal transactions in a single day, the highest count in over …
Analyst Says Bitcoin ‘Not Quite Near Bottom,’ Warns BTC Has Room for Further Downside if History Repeats
Crypto analyst Rekt Capital says Bitcoin (BTC) may not have reached its bear market bottom, arguing that historical market cycles suggest there could still be additional downside ahead. In a new YouTube video, the analyst says the current market shares similarities with Bitcoin’s 2022 bear market while also exhibiting characteristics seen during previous cycles. According …
Crypto Biz: Bitcoin maximalism meets the realities of capital markets
Strategy authorizes Bitcoin sales, Open USD takes on USDT and USDC, Fidelity defends Bitcoin security and crypto ramps up political spending for 2026. For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed. The company authorized up to $1.25 billion in Bitcoin sales under …
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