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    US Senators Target Wildfire Bets in New CFTC Rule Fight

    US Senators Target Wildfire Bets in New CFTC Rule Fight

    Key TakeawaysNine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14.Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires.Polymarket says the markets inform rather than exploit, and pulling them prevents...
    BTC Hits $64,360, but Bitfinex Warns of Downside Risks

    BTC Hits $64,360, but Bitfinex Warns of Downside Risks

    Key TakeawaysBitcoin peaked at $64,360 as time runs out for a vote on the CLARITY Act.$35 million in short positions were wiped out while Polymarket odds for the bill fell to 25%.Bitfinex analysts expect bitcoin to depend on real yields and the $62,000 to $65,000...
    Bybit Expands European Footprint With Austrian EMI License

    Bybit Expands European Footprint With Austrian EMI License

    Key TakeawaysAustria’s FMA granted Bybit Payments an EMI license to deliver regulated e-money services on Bybit.eu.The move expands Bybit EU’s regulatory footprint, which has held MiCAR crypto approval since May 2025.Bybit Payments GmbH plans to launch 5+ features,...
    Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

    Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

    Key TakeawaysBitdeer signed a 16-year, $4.7B AI deal for 121MW at Norway’s Tydal campus.Bitdeer shares jumped 12% as miners shift power assets toward longer-term AI revenue.Tydal’s first phase is due by Dec. 31, 2026, with $500M more needed to finish the build....
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