Crypto news

Key Takeaways:

A trio of Ninth Circuit judges-Nelson, Bade, and Lee (all Trump appointees, mind you)-sent these cases packing back to state courts faster than a Vegas buffet line. Their verdict? The Commodity Exchange Act isn’t the magic wand Kalshi and Polymarket hoped it would be. “Affirmative defense,” they said. “Not a federal jurisdiction ticket,” they added, probably while sipping coffee.

The bulls? They’re stubborn. Like, “I’ll-sleep-on-the-couch-forever” stubborn. Resistance? They’re treating it like a suggestion, not a rule.

Harbor Capital has submitted paperwork for five new ETFs that actively invest in companies connected to leading artificial intelligence research labs – Anthropic, Google DeepMind, Meta, OpenAI, and xAI (SpaceX AI). This is one of the first efforts to create publicly traded funds focused on specific AI labs and the companies within their ecosystems.

Cardano is facing a governance challenge because a large majority of ADA holders (81% of active stake) are voting against a proposal to provide $32.9 million in funding for Input Output Global’s research team. The main reason for this opposition, led by Japanese representatives who manage ADA on behalf of others, is that they believe the proposal doesn’t have clear, measurable goals and a way to track progress.

The ceremony, a charade of pomp and circumstance, took place at the White House, a stage last graced by a Fed chair in the bygone era of Alan Greenspan. President Donald Trump, with his characteristic flair for the dramatic, officiated the ritual, as if bestowing upon Warsh the keys to a kingdom teetering on the edge of chaos. Jerome Powell, the erstwhile guardian of monetary policy, was cast aside like a forgotten relic, his term expiring with the quiet finality of a closing bell.

MoonPay, that self-proclaimed crypto payment network, has deigned to announce the immediate availability of USDH and USDC stablecoins on Hypercore, the blockchain infrastructure of Hyperliquid. This integration, powered by their Gateway technology, allows users to leap from the mundane world of fiat currencies directly into the dizzying heights of Hyperliquid’s ecosystem. How quaint.

His manifesto, flung into the void of X, lands amidst the exodus of eight senior EF members in 2026, five of whom fled in May like rats from a sinking dhow. The timing, one must admit, is as impeccable as a revolutionary’s pamphlet.

Launchpads are now advertising “fair launches” that aim to level the playing field, making it harder for bots to dominate and giving regular investors a better chance. While this sounds promising, it’s unclear whether these new launchpads are truly solving the bot problem or simply changing who profits from them.

Reports of suspicious trades, timed with the precision of a Swiss watch, have raised eyebrows. The New York Times, that paragon of investigative journalism, uncovered 80 Polymarket accounts placing bets mere moments before undisclosed U.S. and Israeli military actions. One might ask: Is this insider trading or merely a well-informed parrot with access to classified briefings?