In recent cryptocurrency news, an investor lost $3 million due to a phishing scam that involved signing a malicious blockchain transaction without verifying the contract address. The victim was warned by blockchain analytics platform Lookonchain to stay cautious, as digital asset scams often involve fraudulent links designed to steal sensitive information. Additionally, another victim lost over $900,000 following a similar scam. In other developments, the Indonesian government is exploring the possibility of a national Bitcoin reserve, envisioning how Bitcoin mining could contribute to economic growth in the fourth-most-populous country with a GDP of $1.4 trillion. Finally, the US Securities and Exchange Commission (SEC) clarified that certain liquid staking activities do not fall under securities laws, marking a notable step in their ongoing efforts to regulate digital assets. SEC Chair Paul Atkins noted that this clarification is important for understanding crypto asset activities beyond the agency’s jurisdiction.

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