UNODC

BitMEX
2026-07-24 02:50:00

Crypto and AI roundup for July 24: BitMEX shutdown, Vanar’s Base move and a wave of institutional updates

A heavy stream of crypto and AI developments landed between July 23 and July 24, led by BitMEX’s decision to shut down on Sept. 23 and the collapse in its exchange token BMEX, which market data showed fell 99.69% at one point as liquidity tightened. Arthur Hayes later said he was deeply proud of what had been built, while Bubblemaps said 75% of BMEX allocations had never circulated on-chain. Vanar also unveiled a major strategic reset, saying it will move to Base, focus on an AI Organizations economy, migrate existing VANRY holders on a 1:1 basis and lift total supply from 2.4 billion to 10 billion tokens, with 62% still locked during the transition and new allocations vesting over 60 months after a cliff period. Institutional tokenization also moved forward. Mubadala Capital said it is working with Coinbase and KAIO on a blockchain-native version of its long-term private equity fund for qualified investors, with Coinbase set to use Base as one of the token networks and to purchase the token for its own balance sheet. Michael Saylor separately announced the launch of the Bitcoin Security Consortium, backed by a three-year $15 million commitment and founding members including Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy. Elsewhere, Ondo Finance said Oasis Pro Markets had received authorization to offer regulated tokenized securities services in the U.S., Uniswap introduced permissioned pools on v4, and a long list of market, policy, security and AI infrastructure updates continued to reshape the day’s flow.

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Crypto and AI roundup for July 24: BitMEX shutdown, Vanar’s Base move and a wave of institutional updates
United Nation
2026-07-23 15:50:16

UN says crypto-linked scam losses in Southeast Asia topped $100 billion a year

The United Nations Office on Drugs and Crime said in a new report that scam networks in Southeast Asia have consolidated into a single technology-driven criminal economy, generating an estimated $88.3 billion to $114.1 billion in losses in 2025. A large share of the funds, the agency said, moved through cryptocurrency channels. The report described the groups as operating under a "corporate franchise" model and using tools including generative AI to run so-called pig-butchering scams. UNODC called on police forces across the region to receive specialized crypto training so they can trace illicit flows more effectively. It also said enforcement on its own will not solve the problem, and stressed that asset seizure is a critical part of the response.

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UN says crypto-linked scam losses in Southeast Asia topped $100 billion a year
Southeast Asi
2026-07-23 12:34:20

UN says Southeast Asian scam networks caused up to $114.1 billion in losses in one year

The United Nations says Southeast Asia’s scam industry has evolved into a deeply connected transnational criminal economy, with estimated scam losses across East Asia, Southeast Asia, Australia, and New Zealand reaching $88.3 billion to $114.1 billion in 2025 alone. In a new report, the UN Office on Drugs and Crime said syndicates that once operated locally have merged into service-based networks that exchange money laundering, fraud, human trafficking, and data harvesting capabilities over shared infrastructure. Much of the proceeds, the agency said, move through crypto, especially in investment and romance scams commonly known as pig butchering. The report also warns that forced labor remains central to the system, with people from at least 80 countries identified in scam compounds, while generative AI, deepfakes, malvertising, and satellite internet are reshaping how these operations run. UN officials said international coordination is now critical, as the networks can shift across borders, recover after crackdowns, and continue operating from remote areas.

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UN says Southeast Asian scam networks caused up to $114.1 billion in losses in one year
2026-07-06 10:17:14

CertiK Joins UN and Interpol Global Framework to Combat Cryptocurrency Crime

CertiK, a global Web3 security leader, has officially joined a critical international cooperation framework with UNODC and Interpol, providing on-chain risk monitoring and forensic support. This move signals a new phase in global crypto crime fighting and could boost institutional adoption.

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CertiK Joins UN and Interpol Global Framework to Combat Cryptocurrency Crime