CFA Report Pegs US Crypto Fraud Losses at $80.7B

Pump.fun has introduced a new fee model that significantly boosts creators' earnings based on their token's market cap. This dynamic fee structure has already resulted in a substantial increase in earnings for streamers on the platform.

Utila, a crypto infrastructure provider, raised $22 million in its latest funding round, led by Red Dot Capital Partners. The company, based in New York and Tel Aviv, offers a digital asset operations platform for enterprises dealing with stablecoins, experiencing a surge in demand.

The United States has risen to second place in the Chainalysis 2025 Global Crypto Adoption Index due to regulatory clarity on Bitcoin ETFs and stablecoins, driving institutional demand. India remains the top country for the third year, with a strong presence in all metrics.

Ethereum's volatility has widened against Bitcoin, rising to 24% from 18% since June, indicating traders expect its price swings to outpace Bitcoin's. ETH Strategy, a treasury protocol, benefits from Ethereum's volatility by generating yield for investors.

Galaxy Digital has partnered with Superstate to tokenize its Class A Common Stock on major public blockchains like Solana and Ethereum. This move follows the trend of tokenized stocks gaining popularity in the crypto industry, with companies like Kraken and Robinhood offering similar services.

Cybercriminals are using professional voice impersonators in "vishing" campaigns to target U.S. crypto executives, earning up to $20,000 monthly. These attacks involve personalized voice and video tactics, exploiting individuals safeguarding crypto assets, raising the risk of large-scale theft.

Strategy (MSTR) increased its STRC dividend by 1 percentage point to 10% to attract more investors. The company also purchased an additional 4,048 BTC, bringing its total holdings to 636,505 BTC. STRC is trading near $97, just below its $100 target price.

OKX, also known as Aux Cayes Fintech Co., was fined 2.25 million euros by the Dutch National Bank for operating in the Netherlands without proper registration. The company addressed the issue, ensuring no impact on customers.

The SEC and CFTC announced that registered exchanges can facilitate trading of certain spot crypto products, focusing on leverage and margin. This move follows a report urging regulatory clarity on digital assets, signaling an improving regulatory environment for cryptocurrencies.

An upcoming Hollywood film, "Killing Satoshi," will delve into the mystery of Bitcoin's creator, Satoshi Nakamoto. Director Doug Liman and writer Nick Schenk will explore a conspiracy surrounding Nakamoto's identity and the origins of cryptocurrency. The film, produced by Ryan Kavanaugh, is set to begin production in October.