Trump Media Abandons Crypto Treasury, Prediction Market Ventures

Truth Social's parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fusion energy company TAE.

• Trump Media & Technology Group has terminated its deals with Crypto.com for a CRO treasury company and prediction market ventures due to shifting business priorities and crowded market conditions.
• The company is pivoting its focus to media, data licensing, and a merger with TAE, while pursuing a marketing deal to promote Crypto.com's prediction market products to Truth Social users.
• The decision comes amidst increasing regulatory scrutiny of Trump's crypto dealings from Democratic lawmakers.

Topics: Institutional adoption, Integration with defi, Legal regulatory, Asset manager initiatives, Rwa collateral lending, Securities law classification

Tags: #trumpmedia #cryptocom #cronos #crotoken #treasurycompany #predictionmarkets #truthsocial #yorkvilleacquisitioncorp #marketconditions #regulatoryscrutiny

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Chainalysis: World Cup Boosted Blockchain Prediction Markets to $20B

The 2026 FIFA World Cup turned into a major proving ground for crypto-based consumer activity, with blockchain analytics firm Chainalysis estimating $20

• The 2026 FIFA World Cup saw significant blockchain activity, with prediction markets reaching $20 billion in volume and $24 million in FIFA-related digital collectible trades.
• Over 400,000 wallets participated in blockchain betting, with the US and China leading in volume, and illicit activity remaining below 1% of participating wallets.
• The event highlights blockchain's potential for mainstream adoption in global events, emphasizing the critical role of compliance and identity verification as user bases expand.

Topics: Scalability, Institutional adoption, Blockchain usage, Retail global adoption, Onboarding prime brokerage, Ethereum evm l 1 s

Tags: #chainalysis #worldcup #predictionmarkets #blockchain #digitalcollectibles #nfts #compliance #useradoption #volume #betting

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Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows

The exchange reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription, stablecoin, and lending businesses continued to grow.

• Coinbase reported a Q2 net loss of $359 million on revenue of $1.22 billion, missing earnings estimates due to a significant decline in crypto trading activity.
• Despite lower trading volumes, subscription and services revenue grew, with stablecoin revenue reaching $292 million and USDC holdings hitting a record high.
• The company remains optimistic about future growth, particularly in areas like prediction markets and agentic finance, and continues to expand its market share in crypto trading.

Topics: Asset types, Scalability, Institutional adoption, Stablecoins digital cash, Growth metrics, Asset manager initiatives

Tags: #coinbase #q2earnings #cryptotrading #revenuedecline #netloss #subscriptionservices #stablecoinrevenue #usdc #marketshare #predictionmarkets

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Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off

Robinhood posted a record $1.31 billion in revenue in Q2. Prediction markets are now doing the work crypto used to for the company.

• Robinhood achieved a record $1.31 billion in Q2 revenue, driven by strong performance in equities, options, and a significant surge in prediction markets.
• Despite a decline in crypto trading revenue, Robinhood is expanding its crypto offerings with the successful launch of Robinhood Chain, a purpose-built Ethereum L2 for tokenized real-world assets.
• The company also introduced new products like Rothera, a prediction markets exchange, and agentic trading, indicating a strategic shift towards innovative financial products and services.

Topics: Institutional adoption, Blockchain usage, Scalability, Asset manager initiatives, Layer 2 scaling, Growth metrics

Tags: #robinhood #predictionmarkets #robinhoodchain #tokenizedrealworldassets #eventcontracts #rwa #ethereumlayer2 #stocktokens #agentictrading #financialresults

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Coinbase and Robinhood are locked in a heated battle ahead of Q2 earnings—but only one is being called the industry’s ‘first hyperscaler’ | Fortune

Robinhood has proved better at diversifying its revenue streams—but emerging fields of AI commerce and tokenized stocks will boost Coinbase in time.

• Coinbase and Robinhood are competing fiercely ahead of Q2 earnings, with Robinhood showing stronger diversification and potential as a 'hyperscaler' while Coinbase faces challenges with its crypto-centric strategy.
• Robinhood is outperforming Coinbase in revenue diversification, particularly in areas like prediction markets and credit cards, while Coinbase relies heavily on USDC and is slower to adopt tokenized stocks.
• Both companies are positioned for future blockchain-driven innovation, with tokenized stocks and AI commerce as key growth areas, but Robinhood currently appears to have the edge in investor confidence and strategic execution.

Topics: Institutional adoption, Integration with defi, Scalability, Asset manager initiatives, Rwa collateral lending, Institutional capital inflows

Tags: #coinbase #robinhood #tokenizedstocks #crypto #earnings #revenuestreams #hyperscaler #predictionmarkets #aicommerce #baseblockchain

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Kalshi demands Netflix take down trailer for ‘misleading’ prediction market documentary

The prediction market Kalshi threatened legal action against Netflix, claiming a trailer for its upcoming documentary contains defamatory and “fabricated” content.

• Kalshi is threatening legal action against Netflix over a trailer for its upcoming documentary, 'The Prediction Games,' alleging defamatory and fabricated content.
• The dispute centers on a trailer that Kalshi claims misrepresents its platform, showing trades in violation of a court order, though Netflix states the footage is from 2025, predating the order.
• The article highlights the ongoing regulatory scrutiny and legal challenges faced by prediction markets like Kalshi and Polymarket, with states attempting to enforce gaming laws against them.

Topics: Legal regulatory, Jurisdictions, Scalability, Enforcement actions litigation, Regulatory sandboxes pilots, Market depth liquidity

Tags: #kalshi #netflix #predictionmarkets #documentary #legalaction #defamatorycontent #nevadagamingcommission #courtorder #worldcup #tarekmansour

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Coinbase Wants to Be Canada's One-Stop Shop for Stocks, Crypto and Prediction Markets

The company's "Everything Exchange" is heading north. No launch date set yet, but the Coinbase Canada CEO says phase two for the company is in motion.

• Coinbase is expanding its 'Everything Exchange' concept to Canada, aiming to offer a single platform for crypto, stocks, ETFs, and prediction markets.
• The company is working with Canadian regulators and plans to launch tokenized stocks for non-U.S. customers soon, emphasizing frictionless, 24/7 trading.
• Coinbase sees an opportunity to differentiate from traditional Canadian brokerages by offering broader access and continuous trading, pending stablecoin regulations.

Topics: Asset types, Institutional adoption, Scalability, Financial instruments, Asset manager initiatives, Market depth liquidity

Tags: #coinbase #everythingexchange #canada #stocks #crypto #etfs #predictionmarkets #tokenizedstocks #regulatory #frictionlesstrading

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Prediction markets and their opponents are spending more to influence Congress in 2026

Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.

• Prediction market platforms like Kalshi and Polymarket are significantly increasing their lobbying spending in Washington to influence lawmakers amidst growing regulatory scrutiny.
• The gambling and casino industry is also escalating its lobbying efforts to counter prediction markets, leading to a heated debate over the classification of event contracts as either innovative financial products or illegal sports betting.
• Despite increased lobbying, legislative action on prediction markets is unlikely in 2026 due to the upcoming elections, with focus shifting to potential CFTC rule-making and ongoing investigations into insider trading concerns.

Topics: Political endorsements opposition, Legal regulatory, Pro innovation government policy, Legislative debates, Securities law classification

Tags: #predictionmarkets #kalshi #polymarket #lobbying #congress #insidertrading #cftc #gamblingindustry #regulatoryscrutiny #eventcontracts

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England beats France 6-4 in record-breaking 2026 World Cup bronze medal match, and crypto fan tokens felt the impact

• England's record-breaking 6-4 victory over France in the 2026 World Cup bronze medal match significantly impacted crypto fan tokens.
• The Chiliz ecosystem, particularly tokens like $SPAIN and $ARG, experienced increased trading volumes and deflationary mechanisms like token burns.
• The event highlights the growing intersection of major sporting events with decentralized prediction markets and fan token economies.

Topics: Asset types, Scalability, Integration with defi, Alternative assets, Growth metrics, Yield farming structured products

Tags: #chiliz #fantokens #worldcup #england #france #socioscom #tokenburn #predictionmarkets #chz #deflationarymechanism

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Augur returns with decentralized layer for disputed prediction markets

Augur has returned with a proposed resolution system and a two-month token migration test as prediction markets draw increased institutional scrutiny. According to a press release shared with crypto.news, the Lituus Foundation announced the relaunch alongside the Augur Lituus whi...

• Augur is relaunching with a decentralized resolution system for disputed prediction markets, aiming to provide infrastructure for other protocols.
• A two-month 'Moon Fork' token migration test is underway for REP holders, simulating dispute resolution and user coordination.
• The move comes amid increased institutional scrutiny of prediction markets due to insider-trading concerns, with major banks implementing stricter employee policies.

Topics: Legal regulatory, Infrastructure providers, Scalability, Enforcement actions litigation, Tokenization platforms, Market depth liquidity

Tags: #augur #predictionmarkets #resolutionsystem #tokenmigration #lituusfoundation #reptoken #decentralizedoracle #economicincentives #insidertrading #eventcontracts

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Spain’s World Cup run is fueling a surge in sports crypto tokens and prediction markets

• Spain's World Cup success is driving significant trading activity in sports-related crypto assets, including fan tokens and prediction markets.
• Major entities like Kraken and FIFA are leveraging the tournament for brand exposure and engagement through sponsorships and NFT programs on platforms like Avalanche.
• While the surge demonstrates potential for RWA in sports, investors are cautioned that this activity may be temporary and tied to the tournament's duration.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Growth metrics, Onboarding prime brokerage

Tags: #spainworldcup #fantokens #sociocom #predictionmarkets #kraken #fifacollect #avalancheblockchain #nfts #sportscrypto #tradingactivity

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Stanford study exposes Polymarket flaw that rewards Bitcoin manipulation

Stanford researchers say Polymarket's five-minute Bitcoin markets may reward price manipulation, costing retail traders an estimated $1.28 million.

• A Stanford study reveals that Polymarket's five-minute Bitcoin prediction markets incentivize price manipulation, potentially costing retail traders $1.28 million.
• The manipulation stems from the settlement design, which relies on Chainlink price feeds, allowing large traders to influence the spot price before contracts settle.
• Researchers suggest longer settlement windows and alternative pricing methods could mitigate this risk, a concern also relevant for traditional exchanges considering similar event contracts.

Topics: Asset types, Blockchain usage, Legal regulatory, Alternative assets, Ethereum evm l 1 s, Securities law classification

Tags: #polymarket #bitcoin #pricemanipulation #stanforduniversity #chainlink #settlementdesign #retailtraders #eventcontracts #predictionmarkets #cftc

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Misinformation in the age of crypto: why unverified sports headlines are a trader’s trap

• Fake sports headlines, like a viral but unverified claim about Messi, can pose a risk to crypto fan tokens and prediction markets.
• These markets, including those powered by Chiliz and platforms like Polymarket, are sensitive to major match outcomes and player controversies.
• Investors are advised to verify information across multiple independent sources before trading to avoid falling into misinformation traps.

Topics: Institutional adoption, Integration with defi, Asset manager initiatives, Rwa collateral lending

Tags: #misinformation #crypto #fantokens #predictionmarkets #messi #socios #chiliz #factchecking #sportsheadlines #tradertrap

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Stanford Study Examines Manipulation in Polymarket Bitcoin Contracts

• A Stanford study found that Polymarket's short-duration Bitcoin prediction markets incentivize manipulation, leading to profit transfer from retail to sophisticated traders.
• The manipulation occurs around settlement times due to reliance on specific price feeds, but extending contract durations significantly reduces this effect.
• The findings have implications for both crypto prediction markets and traditional exchanges considering similar event contracts, highlighting the importance of settlement design and regulatory oversight.

Topics: Asset types, Legal regulatory, Scalability, Alternative assets, Securities law classification, Market depth liquidity

Tags: #polymarket #bitcoin #predictionmarkets #marketmanipulation #chainlink #settlementdesign #retailtraders #eventcontracts #cftc #worldcup

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Gondor unlocks leveraged Polymarket bets with portfolio-backed credit

Gondor launches V1, letting Polymarket traders borrow against entire portfolios through cross-margin ahead of a September public rollout.

• Gondor has launched V1, a portfolio-backed margin account for Polymarket traders, allowing borrowing against entire prediction market holdings.
• This new cross-margin system replaces the previous isolated lending model, aiming to provide larger credit lines and lower financing costs.
• Private access begins next week, with a public launch scheduled for September, though specific operational details like borrowing rates remain undisclosed.

Topics: Integration with defi, Scalability, Risk default, Rwa collateral lending, Market depth liquidity, Credit counterparty risk

Tags: #gondor #polymarket #crossmargin #portfoliobackedcredit #predictionmarkets #lending #betaprogram #privateaccess #publicrollout #collateral

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SEC's novel ETF review draws early pushback over prediction markets

On June 30, the SEC asked for public comments on the regulator's proposed amendments to novel ETFs. About a week in, responses tilt to a hard "no thank you."

• The SEC is seeking public comment on proposed amendments for novel ETFs, particularly those involving cryptocurrencies and prediction markets.
• Early feedback shows significant skepticism, with commenters raising concerns about investor risk, speculation, and the potential for ETFs to become 'investment casinos'.
• The debate centers on whether these innovative products, including those referencing events with no intrinsic economic value, should be integrated into traditional brokerage systems and regulated under existing frameworks.

Topics: Legal regulatory, Institutional adoption, Public market access, Securities law classification, Asset manager initiatives, Regulatory approval process

Tags: #sec #etf #predictionmarkets #investorrisk #regulatoryframework #exchangetradedfunds #speculativeevents #financialinnovation #commentperiod #assetclasses

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Polymarket Seeks License to Offer Margin Trading Legally in US

Polymarket is seeking regulatory approval to offer margin trading in the US, which would let users bet on events with less capital upfront. The company must obtain approval from the Commodity Futures Trading Commission for changes to its rulebook that would allow non-fully collateralized trading. Polymarket's application for a futures commission merchant license is part of its effort to attract more sophisticated traders and offer margin trading, a tactic frequently used by institutional investors.

• Polymarket is seeking a Futures Commission Merchant (FCM) license from the CFTC to legally offer margin trading in the US.
• This move aims to attract more sophisticated traders and institutional investors by allowing bets with less upfront capital, similar to traditional financial derivatives.
• The application comes amidst regulatory scrutiny over insider trading risks in prediction markets, necessitating stricter identity checks for users accessing margin products.

Topics: Legal regulatory, Institutional adoption, Scalability, Licensing issuer obligations, Onboarding prime brokerage, Market depth liquidity

Tags: #polymarket #margintrading #usregulation #cftc #futurescommissionmerchant #predictionmarkets #sophisticatedtraders #insidertrading #identitychecks

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SOL Tops $83 As Solana Network Activity Surges

• Solana's SOL token surged above $83, driven by increased tokenized asset volume, stablecoin inflows, and a memecoin revival.
• Despite the rally, a cooling funding rate suggests traders are hesitant about further gains, indicating a potential end to the current upward trend.
• The article highlights Solana's leading position in active addresses for tokenized assets and the impact of new DeFi integrations like prediction markets.

Topics: Asset types, Scalability, Integration with defi, Alternative assets, Growth metrics, Rwa collateral lending

Tags: #solana #sol #tokenizedassets #memecoin #defi #fundingrate #tradingvolume #stablecoin #pumpfun #predictionmarkets

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Prediction markets surge to nearly 5% of crypto spot exchange volume

• Prediction markets have seen a significant surge in volume, now representing nearly 5% of crypto spot exchange volume, up from 1% six months prior.
• Platforms like Polymarket and Kalshi are leading this growth, with Binance also expanding its offerings, driven by interest in sports, politics, and crypto-related events.
• Despite impressive aggregate volume, investors must be cautious of thin liquidity in individual contracts, which poses execution risks for larger positions.

Topics: Scalability, Institutional adoption, Integration with defi, Growth metrics, Institutional capital inflows, Rwa collateral lending

Tags: #predictionmarkets #cryptovolume #polymarket #kalshi #usdc #binance #liquidity #sportsbetting #politicalmarkets #cryptomarkets

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Spain’s World Cup win over Austria sends fan token trading into overdrive

• Spain's World Cup victory saw a significant spike in trading volume for the $SPAIN fan token, highlighting the growing integration of digital assets in global sports.
• Kraken's historic FIFA sponsorship and Chainlink's role in powering FIFA's official prediction market with oracle infrastructure mark key milestones for crypto in mainstream sports.
• While fan tokens offer a gauge of mainstream crypto engagement, investors should note their historical volatility and tendency to decline after major tournaments conclude.

Topics: Asset types, Infrastructure providers, Institutional adoption, Alternative assets, Oracles data feeds, Payment network integration

Tags: #spainfantoken #worldcup #kraken #chainlink #socioscom #predictionmarkets #fantokens #cryptoinsports #tradingvolume #fifasponsorship

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