According to Foresight News, Ethereum co-founder Vitalik Buterin shared his views on prediction markets, highlighting their accuracy compared to token voting. Buterin explained that in token voting, individuals face no penalties for supporting incorrect options unless they are the rare person who can overturn the result. In contrast, prediction markets impose financial losses on those who make incorrect judgments, with significant losses for large bets on wrong outcomes. Buterin expressed that he personally finds the probabilities offered by prediction markets to be more accurate than impressions gained from professional or social media. He noted that these markets help him maintain rationality and avoid overestimating the importance of events, while also recognizing when significant events do occur.

According to Foresight News, BetterBank's contract on the Pulse Chain has been targeted in an attack, as monitored by CertiK. The attacker has converted the stolen assets into 215 ETH, valued at approximately $983,000, which are currently held in an address starting with 0xf3. BetterBank reported that the initial loss was around $5 million and is currently working on rewriting and restarting the affected Favor contract.

The Trump administration wants the U. S. government to start owning pieces of major defense companies. That includes Lockheed Martin, Palantir, and Boeing. Commerce Secretary Howard Lutnick confirmed this live on CNBC Tuesday. He said Pentagon officials are “thinking about” it. He didn’t hold back. This came just days after Trump’s government bought 10% of Intel […] source: https://www.cryptopolitan.com/trump-govt-shares-in-defense-companies/

Excitement surrounding the XRP exchange-traded fund (ETF) intensifies as futures trading for the asset reaches a significant milestone of $1 billion, signaling growing investor interest and confidence in the cryptocurrency market. source: https://blocknews.com/xrp-etf-hype-builds-as-futures-hit-1b-milestone/

Investors are selling Japanese government bonds at a discount. source: https://www.cryptopolitan.com/bank-of-japan-spark-rare-bond-anomaly/

According to PANews, KindlyMD, a publicly traded company, has filed an S-3 registration statement with the U.S. Securities and Exchange Commission, outlining its intention to launch a stock offering valued at up to $5 billion. The company aims to utilize the funds raised for implementing its Bitcoin financial strategy, supplementing operational capital, acquiring businesses, assets, or technology, capital expenditures, and investing in current and future projects.

The move, announced Tuesday, means users can now transfer assets between Tron and leading ecosystems through deBridge’s low-slippage, MEV-protected routing […] The post Tron Just Plugged Into 25+ Blockchains With deBridge’s New Integration appeared first on Coindoo. source: https://coindoo.com/tron-just-plugged-into-25-blockchains-with-debridges-new-integration/

According to Cointelegraph, Bitcoin mining company Hut 8 is set to expand its operations by establishing four new mining sites in Texas, Louisiana, and Illinois. This expansion will add 1.5 gigawatts of capacity, further solidifying the U.S. miners' dominance in the global hash rate. The company aims to broaden its geographic footprint and target markets where energy demand is rapidly increasing. Following the announcement, Hut 8 shares on Nasdaq surged by 10.5%, as reported by Google Finance. Currently, the company's 1 gigawatt capacity is 90% utilized. Hut 8 CEO Asher Genoot stated that by advancing more than 1.5 gigawatts of capacity, the company positions itself to more than double the scale of its platform and address the accelerating demand across energy-intensive use cases. According to fintech platform OneSafe, U.S. miners control 75.4% of the global hash rate. In 2024, the crypto mining industry created over 31,000 jobs in the United States, with major players including CleanSpark, Core Scientific, and Gryphon Digital Mining. The new facilities are designed for energy-intensive applications, such as high-performance computing, Bitcoin mining, and industrial uses like next-generation manufacturing. Additionally, Hut 8 supplies energy to the artificial intelligence sector. Hut 8, the parent company of American Bitcoin, a mining and treasury company linked to the Trump family, has facilities across Canada and the United States, with the majority located in Texas. The expansion comes amid varying state regulations on Bitcoin mining and a transitioning industry. In Texas, virtual currency mining facilities with a power of more than 75 megawatts must register with the Public Utility Commission of Texas due to growing concerns over the state energy grid and the influx of tech companies. In June 2024, Louisiana passed a bill supporting Bitcoin miners in industrial areas to boost the local economy, while also banning central bank digital currencies and affirming the right to self-custody. Illinois has yet to pass specific cryptocurrency mining regulations, but mining facilities have emerged in locations such as Bloomington-Normal and Effingham.

According to PANews, Canary Capital has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) in preparation for launching the $TRUMP ETF. This move marks a significant step for the investment firm as it seeks to introduce a new exchange-traded fund to the market.

According to PANews, Google Cloud has launched the L1 blockchain GCUL, which will utilize Python-based smart contracts. The initiative aims to serve as a neutral financial infrastructure, offering 'native commercial bank on-chain currency,' round-the-clock capital market infrastructure, and payment and agency functions. The plan is to make it accessible to Google's extensive network, which includes billions of users and hundreds of institutional partners. Currently, GCUL is in the private testnet phase. Earlier this year, a collaboration with the Chicago Mercantile Exchange (CME) was announced to pilot tokenized assets. More technical details are expected to be released in the coming months.

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Fundstrat’s Tom Lee said Ethereum may have reached its lowest point “within hours” as the crypto market began to recover. He highlighted that ETH’s current setup offers a strong risk-to-reward scenario, with a potential rebound to $5,100–$5,450 if the trend holds.