CFA Report Pegs US Crypto Fraud Losses at $80.7B

Altcoins like Ethereum and Dogecoin experienced a pullback as the crypto market corrected following recent gains. Notable losses were seen in Hedera, Hyperliquid, Stellar, Cardano, and Sui, while Bitcoin remained resilient with a slight gain.

Cloudflare's new default policy blocks AI crawlers, requiring them to ask for access and pay to crawl websites. This shift aims to rebalance the equation between content creators and AI models, allowing creators to monetize their data.

The foundation of Decentralized AI goes beyond technical aspects, emphasizing community as a crucial element. In Algeria, a volunteer named Chabane MT Tarek is actively shaping Africa's presence in the Crypto & AI community, focusing on inclusivity and practical utility.

Binance's tax evasion trial in Nigeria has been postponed to October 14 due to a no-show by the presiding judge, raising doubts about the case's conclusion. The Nigerian government's legal battle against the crypto exchange has been marred by delays and procedural mishaps.

JPMorgan Chase is considering offering loans secured by clients' crypto holdings, potentially starting next year. This move could lead to broader acceptance of crypto as collateral for traditional loans across Wall Street, following CEO Jamie Dimon's past criticism of Bitcoin.

Solana's recent surge to $200 and a 50% rally over the past month has sparked interest in Layer 1 blockchains, with traders anticipating a volatile month ahead. Options markets are pricing in increased volatility, with a shift towards bullish call options over bearish put options.

Coinbase has launched CFTC-regulated perpetual futures for U.S. customers, following Kraken's move to capture derivatives trading in American markets. The platform offers nano Bitcoin and Ether Perpetual Futures contracts with competitive trading fees.

Western Union is exploring stablecoins for faster cross-border payments, better fiat conversion, and as a store-of-value product. The company is running pilots in South America and Africa and considering stablecoin wallet offerings.

A potential clash between President Trump and Federal Reserve Chair Powell is brewing, with Trump considering pressuring for rate cuts. Speculation arises over a successor favoring rate cuts, impacting market confidence and volatility, especially in the crypto sector.

The defense is considering calling for a mistrial in Roman Storm's case after a witness's testimony. The witness claimed funds went through Tornado Cash, but the defense disputes this based on on-chain evidence.