Category: crypto

Wyoming Governor Mark Gordon signed an executive order titled “Data Centers the Wyoming Way” to guide AI data center growth in the state. The order aims to protect water, power, and local communities while attracting investment from big tech companies. It also connects to Bitcoin mining as firms look to diversify revenue streams beyond mining.

Nine House Democrats have requested the Federal Trade Commission to investigate online prediction market platforms. Lawmakers are concerned about companies marketing sports bets while presenting themselves as offering financial contracts to regulators. This comes amid rising pressure from insider trading cases, state disputes, and record industry volumes.

Polymarket finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision. Traders challenged the ruling due to Strategy’s disclosure of selling 32 Bitcoin before the market’s deadline. This dispute has sparked a debate over when prediction markets should be resolved based on event occurrence or public confirmation.

Chainalysis reported that Coinbase’s x402 protocol has processed over 100 million transactions on Base since its launch. Payments exceeding $1 now make up 95% of the value transferred through the protocol. Coinbase has expanded x402 across various platforms and partnerships as interest in AI-driven payments grows.

AI agents are becoming active participants in financial markets, particularly in decentralized finance (DeFi). Neyro’s COO Andrew Isaacs believes DeFi is a key sector for AI technology due to real-time financial outcomes. Major companies like Robinhood, Base, and Coinbase have launched products allowing AI agents to execute transactions and monitor portfolios. Isaacs emphasizes the importance…

Senator Cynthia Lummis has stated that the Senate may take until August to finalize the CLARITY Act, a bill regulating the crypto market. Lawmakers are combining proposals and amendments to reach a final version. A new PAC supporting developers and 160 former national security officials have urged Senate leaders to pass the bill.

Bitcoin has dropped 16% in the past month while the S&P 500 has risen 5%, according to Charles Schwab. This is due to investors seeking opportunities in AI stocks, commodities, and IPOs, resulting in Bitcoin losing momentum. Other investments like private market opportunities and AI stocks are attracting speculative capital away from Bitcoin. The content…

BitMEX co-founder Arthur Hayes sold his HYPE and NEAR positions after making bullish calls on the tokens. He cited reasons such as Iran-linked energy costs, AI IPOs, and political risks. Hayes will explain his move in an upcoming essay. The sale followed a $100K HYPE wager and a $150 price target for August.

Goldman Sachs, along with Apex Group and Archax, has launched a tokenized real estate fund using the GS DAP blockchain platform. This initiative combines traditional fund structures with blockchain-based issuance, aiming to increase precision in real estate asset investment. Tokenized real estate is gaining institutional backing globally, with Dubai reporting significant sales in tokenized assets…

Shinhan Financial Group is joining the Canton Network’s governance structure as South Korea’s tokenized finance market grows. Shinhan Asset Management and Shinhan Securities signed MOUs with the Canton Foundation to study Korean tokenized assets, regulation, and global market access. This move aligns with South Korea’s efforts to build tokenized securities systems and institutional blockchain infrastructure.