Headlines

JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase

JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. Summary JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal. The bank warned new revenue-sharing terms could pressure stablecoin profit margins. Analysts remain…

Read More

Lorde says AI glasses are “not sexy”

While Kylie Jenner serves as a human billboard for Meta’s AI glasses, pop star Lorde isn’t buying it. During a set at the Mad Cool Festival in Madrid last week, Lorde had some choice words about the new technology, which many security experts have deemed a privacy nightmare. “Increasingly in our world, it gets harder…

Read More

Czechia Blocks Polymarket as Unlicensed Gambling, Ordering a 15-Day ISP Shutdown

Key Takeaways Czech Finance Ministry added Polymarket to its List of Unauthorized Internet Games on July 13. Internet providers have 15 days to block access; the ministry’s blocklist already covers several thousand sites. The decision is days after Gibraltar launched the world’s first dedicated prediction-market regime. Another European door closes as Gibraltar’s opens The Czech…

Read More

Avalanche lands $11B Bridgetower deal as RWA assets hit $2.1B

Avalanche has reached $2.1 billion in distributed tokenized real-world asset value after a 60.47% monthly increase, supported by a newly announced $11 billion institutional tokenization deal with Bridgetower. Summary Avalanche’s tokenized RWA value has climbed to $2.1 billion after a 60.47% monthly increase. Bridgetower’s $11 billion tokenization deal has pushed Avalanche into the top five…

Read More