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πŸ‡ΊπŸ‡Έ The CFTC will discuss crypto regulation, AI agents and prediction markets at its inaugural Innovation Advisory Committee meeting on Aug. 20.
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🏁 TOMORROW

We’re launching COIN RACE

You’ll get 4 coins.
You pick the one you think will outperform the rest by Friday.

That’s it.

On Friday, we compare your pick vs the market.
Did the crowd see it coming… or get wrecked?
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πŸ‡ΊπŸ‡Έ Public company Strive purchases 79 Bitcoin for $5 million!
🧠

Bitcoin hit $72,000 Thursday, its highest since early June, after President Trump met crypto executives and urged passage of the Clarity Act.

At 8am NY time, Bitcoin traded at $71,758, up 12% in 24 hours.

The Clarity Act, aimed at establishing a digital asset regulatory framework, has been stalled for months, but the White House push boosted prices.
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πŸ‡ΊπŸ‡Έ CFTC Chair Selig directs staff to create formal crypto market structure rules if the crypto Clarity Act fails to pass.
🏁 COIN RACE #1 β€” FINAL RESULTS

The checkered flag is down.

πŸ₯‡ XRP +36.7%
πŸ₯ˆ ETH +26.4%
πŸ₯‰ SOL +19.6%
4️⃣ BTC +19.1%

πŸ‘₯ Crowd Pick: BTC
πŸ“ˆ Market Winner: XRP

The crowd backed BTC.
The market picked XRP.

Safe to say… the crowd got smoked. 😈
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Justin Sun says his World Liberty lawsuit involving $45M is a fight over whether issuers can freeze user assets.
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U.S. Treasury Secretary Scott Bessent said every country supporting Iran should be prepared to face U.S. sanctions.
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Over $115 million in long positions were liquidated in the past hour.
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DeFi Development Corp, a Nasdaq-listed SOL treasury company, has launched a free network dashboard.

Its aim is to encourage investors to look beyond the price of SOL.
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The company says it needs more skilled workers as its AI infrastructure expands.

Employees fear automation could reduce or eliminate some roles.
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More than 100 AI, security, finance, and technology organizations are urging governments and industry to prepare for attacks powered by increasingly capable AI models.

These models have already been used to hack real companies.
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Sberbank, Russia's largest bank, is seeing significant growth in crypto trading, with $46 billion in transactions.

The bank plans to offer Ethereum and USDT-backed loans once regulators give the green light.
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A Michigan court has ordered Kalshi to keep blocking sports prediction markets.

The injunction converts a temporary restraining order issued in June, and violations would result in a fine of $500,000 per day.
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Revolut has received preliminary approval from a key U.S. banking regulator as it seeks to become a bank in the country.
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Neuralink Brain Implant Robot

Neuralink has accelerated implantation by introducing a surgical robot designed to automate brain-computer interface procedures.β€” Article
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The Coinbase-backed Router Protocol will shut down after attempts to commercialize, license or find a buyer for its technology failed to produce a sustainable business.

This will result in the burn of 303 million ROUTE tokens.
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Cronos says $9.2 million remains unrecovered after Tectonic exploit, chain rollback
A subsequent rollback reversed roughly $111.2 million, but $9.19 million had already left the chain and remains unrecovered, Cronos says.
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DeFi Development Corp's CHAD is a Variable Rate Series C perpetual preferred stock with an initial annual dividend rate of 13%.

It closed a $11 million offering to grow Solana treasury.