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Tribal Coalition Files Amicus Briefs to Keep Prediction Markets Off Native Land
Regulation & Politics

Tribal Coalition Files Amicus Briefs to Keep Prediction Markets Off Native Land

A coalition of federally recognized tribes and Indian regulatory bodies filed amicus briefs in two federal cases, arguing CFTC preemption would nullify tribal-state gaming compacts and strip tribes of authority to regulate Kalshi and Polymarket on Native land.
Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends
TradFi & Fintech

Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends

Coinbase announced plans for what it calls the first tokenized U.S. stocks backed 1:1 by actual shares, with automatic on-chain dividend distribution. The exchange described the product as 'no derivatives, no IOUs,' a direct contrast to the synthetic equity structures currently dominating on-chain equity trading.
BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income
TradFi & Fintech

BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income

BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.
Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge
CeFi

Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge

Robinhood is cutting roughly 10% of its full-time employees in a corporate restructuring CEO Vlad Tenev has framed as a push for a high performance culture, with $28 million in charges expected in Q2 2026.
Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift
CeFi

Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift

Kraken and Coinbase each launched perpetual futures products Monday, with Kraken going live on CFTC-regulated crypto contracts via Bitnomial and Coinbase introducing four thematic equity-index perpetuals on US soil.
Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado
CeFi

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.
Standard Chartered Sets UNI 2030 Price Target at 40x Current Levels
DeFi

Standard Chartered Sets UNI 2030 Price Target at 40x Current Levels

Standard Chartered Global Research initiated coverage of Uniswap, with Geoff Kendrick framing the decentralized exchange as the trading hub for tokenized real-world assets and setting a $100 UNI price target for end-2030, roughly 40x current levels.
Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees
Blockchains

Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees

The Layer 1's gasless stablecoin design pushed transfer throughput to nearly $65 billion since June 10, recasting Sui as a fee-free settlement rail for institutional and agentic payments.
Bitcoin Tops $67,000 to Two-Week High After Trump Declares US-Iran Deal Complete and Hormuz Reopening
Markets

Bitcoin Tops $67,000 to Two-Week High After Trump Declares US-Iran Deal Complete and Hormuz Reopening

Bitcoin climbed past $67,000, its highest level in roughly two weeks, after President Trump declared the US-Iran deal "complete" and authorized reopening the Strait of Hormuz. Oil fell about 4% and around $150 million in crypto short positions were liquidated.
Exodus Puts 200-Plus Tokenized Stocks and ETFs Inside Its Self-Custody Wallet via Ondo
DeFi

Exodus Puts 200-Plus Tokenized Stocks and ETFs Inside Its Self-Custody Wallet via Ondo

The partnership routes Ondo Global Markets equity tokens into Exodus's non-custodial app on Solana, putting a full tokenized-equity menu inside a self-custody wallet. US users are excluded.