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Circle Refused to Recover a Scam Victim’s USDC, Wisconsin’s Criminal Complaint Says
- Wisconsin prosecutors charged Circle for refusing a court order to recover stolen USDC.
- Circle calls the complaint meritless, citing technical limits and lack of jurisdiction.
- Tether has frozen $4.7 billion and reissued $1.1 billion to fraud victims.
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Crypto Forensics Got Smarter, But AI Scammers Got There First
- Blockchain forensics tools have recovered an estimated $34 billion and are used by 45+ regulators as detection has genuinely improved.
- Yet 2025 crypto scam losses hit roughly $17 billion, with AI-powered scams 4.5x more profitable and impersonation fraud up 1,400%.
- The scams that do the most damage never touch the chain and that's the gap no forensic tool can close.
Temasek Shuns Crypto, Targets 15% AI Portfolio by 2031
- Temasek will not add new crypto investments, prioritizing AI instead.
- The $400 billion fund plans to lift AI holdings to 15% by 2031.
- A $275 million FTX write-off still weighs on Temasek's crypto stance.
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SWIFT’s Blockchain Ledger Goes Live, but Old Bottlenecks Persist
- SWIFT's blockchain ledger goes live as 17 banks prepare pilot transactions.
- Citi, HSBC and UBS will test tokenized deposits on the permissioned ledger.
- Transfers still need existing bank rails to reach final settlement.
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Ethereum Indecision Deepens: Some Holders Panic Sell, While Others Buy the Dip
- Nearly 100,000 addresses deposited ETH to Binance amid the $1,500 panic low.
- Withdrawals rose alongside deposits, as some holders sold while others bought.
- Polymarket traders give ETH a 75% shot at $2,000 and 68% at $1,500 in 2026.
Is Bitcoin Bottoming? The On-Chain Data Says Almost
- Bitcoin's bottoming conditions are in place, but confirmation has not arrived.
- Long-term holder losses hit $280 million daily, the highest since December 2022.
- July historically favors bulls, but CryptoQuant's Bull Score sits at 20.
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How Public Listings Change Crypto Companies
- Public listings push crypto firms into earnings discipline, governance review, risk disclosure, custody transparency, and compliance scrutiny from equity investors.
- Experts named exchanges and stablecoin issuers as the strongest crypto business models for public markets due to revenue depth, growth potential, and institutional demand.
- Listed shares can give pension funds, asset managers, and banks a familiar route into crypto exposure, while issuer tokens follow separate economics.
SK Hynix US Listing Oversubscribed 7x Despite KOSPI Bear Market Dip
- SK Hynix's $28 billion US share sale was oversubscribed more than seven times.
- Demand held even as Korea's KOSPI briefly fell into bear market territory this week.
- SK Hynix ADRs begin trading July 10 on Nasdaq after pricing Thursday.
