Bitcoin Adoption Surges in Sanctioned Iran
Iran’s crypto activity reached $10B in 2025, with trade moving on-chain in 2026. CCAF estimates Iran at 0.12% of global bitcoin hashrate, contrasting Elliptic’s 4.5%. #Update #Crypto
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Prediction Markets Blamed for NFL Betting Slump
The American Gaming Association estimates $29.5B in legal NFL wagering this season, citing prediction markets for stalling growth. $5.1B from underage users on Kalshi. #Update #Legal
CFTC Delays Kalshi’s SCOTUS Rule Rewrite
Kalshi’s opposition brief to New Jersey’s cert petition is due in 30 days, amid expected CFTC rule updates on Rule 40.11. #Update #Legal
Bitcoin Alliance Launches Against Crypto Scams
U.S. and U.K. agencies form a joint alliance to tackle crypto scams costing Americans nearly $10 billion annually, with a disruption event planned in October. #Breaking #Legal
Coinbase Launches 24/7 Stock Perpetuals US
Coinbase Derivatives and Coinbase Financial Markets filed with SEC, boosting shares 10% to $192.70; CFTC approval pending for U.S. launch. #Update #Crypto
SEC Ruling Sparks Kalshi Supreme Court Showdown
New Jersey’s deadline to petition the Supreme Court in Flaherty v. KalshiEX is Sept. 3, following a Ninth Circuit ruling against Kalshi’s sports event contracts as swaps. #Update #Legal
Bitcoin Holders Map Reveals 67M Locations
California leads with 9.5M crypto holders, part of 67M U.S. total; crypto supports 231,845 jobs and $30.8B income nationwide, per NCA’s new map. #Update #Crypto
Bitcoin Rises as US Seeks $80B War Fund
The U.S. Department of Defense requests $80 billion for Iran war costs and other expenses, amid rising national debt boosting bitcoin’s hedge case. #Update #Crypto $BTC
FIFA World Cup 2026: DAZN Launches Free Predictions
DAZN and ADI Predictstreet launched a free-to-play prediction game for the FIFA World Cup 2026, available outside the US, expanding DAZN’s sports lineup. #Update #Sports
Kalshi Bypasses Nevada Ban $120K Daily
The Nevada Gaming Control Board seeks $120,000 daily fines against @Kalshi for violating a geofencing order, allowing Nevada users to buy banned contracts. #Breaking #Legal
Anthropic AI Breach Suspected by China
Anthropic halts global access to AI models Mythos and Fable 5 due to U.S. export controls, affecting crypto platforms like Coinbase. China-linked actors suspected of accessing Mythos. #Breaking #Security
Trump Declares Hormuz Open Iran Denies
Iran denies Trump’s claim of a June 14 Iran deal signing, citing U.S. instability; Polymarket traders give it a 39% chance, favoring July 31 at 89%. #Update #Crypto $BTC
Anthropic Disables Fable 5 Worldwide
Anthropic disabled Fable 5 and Mythos 5 globally after a U.S. order citing national security, impacting pre-IPO crypto markets tracked by Defillama.
CFTC Approves Most Sports Contracts
The CFTC proposed a rule defining sports event contracts as gaming, banning five categories but allowing most. Event listings grew from 220 in 2021 to over 8,000. Legal