Author: James Wilson

A federal judge has rejected the CFTC’s request to stop Wisconsin from enforcing state gambling laws against federally regulated prediction market platforms. Summary Judge William Griesbach denied the CFTC’s request for a preliminary injunction against Wisconsin. The court found sports event contracts may fall within Wisconsin’s commercial gambling laws. Wisconsin is pursuing cases against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase. The CFTC plans to appeal the ruling and continue defending its claimed jurisdiction. Wisconsin court rejects CFTC injunction Judge William Griesbach of the U.S. District Court for the Eastern District of Wisconsin denied the Commodity Futures Trading Commission’s attempt to…

Tether’s US-focused USAT stablecoin has launched on Celo, marking its second mainnet deployment after Ethereum and extending the token to a network widely used for digital-dollar payments. Summary USAT now supports native minting and burning on Celo rather than relying solely on bridged tokens. Celo users can pay network gas fees with USAT through the blockchain’s CIP-64 fee abstraction. USAT has reached a market capitalization of about $185 million since launching in January. Tether recently led a $7 million Pact Labs round to expand USAT into US payroll payments. USAT adds native issuance and gas payments on Celo Tether announced…

Bitcoin and other major cryptocurrencies barely moved after the Federal Reserve left interest rates unchanged, suggesting traders had largely prepared for the decision. Summary Bitcoin traded near $64,100, gaining only 0.3% over the previous 24 hours. Gold and silver ETF proxies rose 1.25% and 2.52%, respectively. Crypto-linked stocks diverged as Strategy gained 2%, while major Bitcoin miners fell about 6%. The CLARITY Act’s 28% passage odds make U.S. crypto policy the next industry-specific catalyst. Fed keeps interest rates unchanged Federal Reserve officials maintained the federal funds rate at between 3.5% and 3.75% following Chair Kevin Warsh’s second Federal Open Market…

Every guide on the subject tells you the same thing: locked liquidity means the team cannot rug you, so the token is safer. That was true when the only exit was draining the pool. On modern launchpads the lock has become the scam’s revenue engine, and the checkmark you are looking for is the thing paying the attacker. Summary Locked liquidity means the tokens representing a trading pool’s assets are held in a time-locked contract the creator cannot withdraw from, which blocks the classic rug pull where a team drains the pool and disappears. Nearly every explainer treats that as…

XRP Ledger has activated its fixCleanup3_2_0 amendment, making version 3.2.0 the minimum software release required for nodes to remain compatible with the mainnet. Summary The amendment received 85.71% validator support, with 30 votes in favor and five against. Nodes running version 3.1.0 or earlier are now amendment-blocked until operators upgrade. The update fixes issues affecting vaults, lending, permissioned trading and Multi-Purpose Tokens. Version 3.2.0 also renames the core server software from rippled to xrpld. XRP Ledger activates fix with 85.71% support XRPScan data shows that fixCleanup3_2_0 is now active after securing support from 30 of the 35 trusted validators that…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid crypto market uncertainty, Long DeFi highlights AI-driven analytics and automated strategies to help users navigate BTC and XRP market volatility. Summary Long DeFi promotes AI-powered cloud mining, highlighting automated hashrate management and daily crypto reward settlements. Long DeFi expands its AI-driven cloud mining platform with automated contracts, renewable energy, and multi-crypto support. The AI-powered cloud mining platform highlights automated mining services and renewable energy infrastructure for investors. Amidst the impact of inflation, major cryptocurrencies like BTC and XRP…

The Senate shelved crypto’s market-structure bill for Russia sanctions and a nominations package. September lands weeks from a midterm election. Summary The Senate set the CLARITY Act aside this week to process a nominations package and a Russia sanctions bill, with Majority Leader John Thune declining to schedule floor action before the recess that begins August 8. Prediction markets repriced immediately, with passage odds falling to roughly 34%, down from above 80% in February, and Galaxy’s head of research describing the calendar as no longer an obstacle but the enemy. September offers about three weeks of floor time before members…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Play-to-earn gaming is evolving beyond crypto rewards as developers prioritize sustainable economies, stronger gameplay, and long-term player retention. Summary Play-to-earn games are shifting toward gameplay-first models as developers focus on long-term sustainability over rewards. P2E gaming evolves beyond token rewards, with titles like RollerCoin emphasizing gameplay and player retention. Blockchain games are adopting traditional gaming mechanics to improve player engagement and long-term sustainability. The play-to-earn (P2E) genre of games has witnessed a lot of popularity since the 2021–2022 crypto…

Coinbase appointed Rob Witoff as chief technology officer on July 28, bringing an early company engineer into the role as the U.S. crypto exchange expands AI-assisted product development.  Summary Coinbase appointed longtime engineer Rob Witoff as chief technology officer, confirming the leadership change Tuesday. Witoff first joined Coinbase in 2014, returning as platform head in December 2024 after entrepreneurship. Coinbase cut approximately 14% of employees in May while rebuilding teams around AI-assisted workflows companywide. Coinbase’s official leadership page now lists Witoff as CTO. Chief Executive Brian Armstrong announced the appointment on X and credited Witoff with helping turn Coinbase into…

Gate US joined BitGo’s Go Network Off-Exchange Settlement service on July 28, giving eligible institutional clients access to the exchange’s U.S. liquidity while their assets remain in custody at BitGo Bank & Trust, National Association. Summary Gate US clients can trade while assets remain segregated inside BitGo Bank and Trust custody. Ten named venues now appear on BitGo’s OES list after Gate US joins the network. BitGo Bank operates under an OCC national trust charter completed and effective in December 2025. The integration extends a broader partnership announced five days earlier. Gate US said BitGo would provide institutional custody, wallet…