The narrative around PAID's automatic fee revenue sharing continues to gain traction, pushing its market cap above $50 million, with the token surging over 410% in the past 24 hours.

The U.S. Commodity Futures Trading Commission (CFTC) announced it has filed a lawsuit against Cash FX Group and three individuals, accusing them of running a $950 million-plus investment scam involving cryptocurrency. The defendants include Cash FX and its CEO Huascar Jose Lopez Castillo (Brazil), The Conversion Pros and its CEO Ronald Pope (Oregon), and Justin Halladay (Florida). The complaint was filed Friday with the U.S. District Court for the Middle District of Florida. The CFTC alleges the defendants operated a multi-level marketing Ponzi scheme, raising and accepting over $950 million in funds under the pretense of trading retail foreign exchange contracts in commodity pools. The CFTC states the defendants falsely claimed funds were managed by professional traders, proprietary algorithms, and artificial intelligence, promising returns of up to 15% weekly. In reality, Cash FX conducted minimal foreign exchange trading, misappropriated most participants' funds, used new investors' contributions to pay out fictional trading profits, and transferred millions of dollars to each defendant. The defendants also provided participants with false accounting statements, resulting in at least $406 million in investor losses.

CryptoQuant analyst Axel Adler Jr. noted that during Bitcoin’s rally on August 20, the adjusted MVRV 30DMA/365DMA ratio crossed above its own 365-day moving average, marking the start of the market’s "early bull market" phase. At that time, BTC was trading at $71,255. This phase lasted 31 days, with Bitcoin rising a total of 13%. On September 20, the ratio broke through the 1.0 baseline, as the short-term MVRV average exceeded the annual average, officially pushing the market into the "bull market" phase, with BTC priced at $80,691. Currently, the ratio stands at 1.018, and BTC is trading at $84,156. As long as the ratio remains above 1.0, the market structure will remain bullish.

According to TradingBeats monitoring, address 0x13da…08be liquidated approximately 282,700 SOL long positions this morning. The closing value of the trades stood at around $34.03 million, generating a profit of roughly $4.4082 million, and the address currently holds no SOL contracts. The long position was built in batches between August 30 and 31 at an average entry price of about $104.79. It held the position for nearly a month before closing all positions today at an average price of approximately $120.39, representing a roughly 14.9% rise in SOL from its average entry price. Prior to this, the address suffered two consecutive losing SOL trades at the end of August: first, a short position that lost around $638,500, followed by a long position that lost about $1.03 million. It later switched back to long positions, holding this batch until today to lock in profits.

According to GMGN market data, the Solana-based meme coin e/acc hit a market cap of $29 million and a trading volume of $55.5 million just 9 hours after its launch. The token uses UsePaid, a tool for automatic creator fee distribution, to pay generated creator fees to Silicon Valley influencer Beff Jezos (@beffjezos) on X. The real identity behind the account is widely believed to be Guillaume Verdon, a former Google X quantum computing and quantum machine learning engineer who later founded AI hardware firm Extropic. Verdon is more famous for his e/acc (effective accelerationism) slogan than his personal profile: the ideology of pushing AI, energy, and growth to their limits through technology and capital. After the e/acc meme coin launched today, Verdon initially claimed the X Money account was under DDoS attack, but later clarified that the funds would likely be used for e/acc-related non-profit activities. Notably, Verdon has no official issuance connection to the token; he is merely named and receives funds passively. BlockBeats reminds users that most meme coins lack real use cases, exhibit extreme price volatility, and caution is required for investments.

According to Farside data, U.S. spot Bitcoin ETFs recorded a net inflow of $134.5 million yesterday, marking their seventh consecutive trading day of net inflows exceeding $100 million, with total net inflows over the seven-day period hitting $2.9783 billion. U.S. spot Ethereum ETFs saw a net inflow of $87 million yesterday, extending their streak of daily net inflows to six consecutive trading days.

Beating AI Express reports that Vercel has launched the anonymous large language model Pixel Canary on its AI Gateway, offering it for free for a limited time while the model’s identity remains confidential. Cline has also integrated with Pixel Canary for free. Vercel states that the model is primarily targeted at programming, front-end, and mobile app development, supporting both building new applications and refactoring existing code. In Vercel’s Next.js Agent Evals, Pixel Canary posted a baseline success rate of 90%, tying with GPT 6 Astra (high) and outperforming Kimi K3’s 84% rate. The success rate rises to 97% when supplemented with Next.js official documentation AGENTS.md. The evaluation uses real-world Next.js development tasks, with each task allowed up to 4 attempts, and is marked as passed if at least one attempt succeeds.