Yield Guild Games (YGG) announced that it will sunset its web3 game publishing business unit, YGG Play, by August 1, 2026, following a prolonged crypto market downturn. The organization will redirect its resources toward the artificial intelligence (AI) data economy while maintaining its core blockchain ecosystem and the YGG token, according to a company statement….
Key Takeaways France Télévisions starts daily Esports World Cup coverage on France 2 and france.tv on July 7. The 2026 tournament in Paris carries a $75 million prize pool across 25 tournaments and 24 games. Team Falcons won the 2025 Club Championship after viewership hit 750 million, up 50% from 2024. Esports World Cup Gets…
Union Bank of the Philippines (UnionBank) will eliminate transaction fees for real-time person-to-person fund transfers through the InstaPay network starting July 7. The Aboitiz family-led lender announced the policy update through an official advisory, joining other commercial banks that have recently lowered digital transfer costs. According to the bank, the zero-fee InstaPay feature adds to…
Key Takeaways South Korea’s Supreme Court announced draft civil enforcement rules to systematically seize and freeze bitcoin. The rules allow courts to convert illiquid tokens into highly liquid assets to stabilize the crypto market. The National Court Administration will collect public opinions until Aug. 11 ahead of an October rollout. New Rules on Asset Seizure…
State-run Land Bank of the Philippines (LANDBANK) has eliminated transaction fees for retail online fund transfers via InstaPay and PESONet effective July 7. The state-owned lender announced that the zero-fee policy applies to transactions executed through its online retail channels, including the LANDBANK Mobile Banking App and iAccess. According to a company statement, the waiver…
Key Takeaways Similar miner-stress declines appeared near bitcoin bottoms in 2015, 2018 and 2020. JPMorgan estimates bitcoin has traded below its $78,000 production cost for five straight months. Vaneck found past hashrate contractions preceded median 90-day returns in the high-40% range. A Rare Signal From the Mining Trenches The latest reading blends several miner-health indicators,…
Key Takeaways Vitalik Buterin’s Lean Ethereum roadmap, posted over the weekend, targets a 3-4 year rebuild with quantum resistance as a top priority. The plan swaps transaction re-execution for STARK-based proofs and aims for one- or two-round finality. A July 6 follow-up adds daily validator re-anonymization, while critics question the multi-year timeline. Looking to Forge…
Key Takeaways FIFA suspended Folarin Balogun’s red card, fueling a prediction market with $300K in trading volume. Trump admitted calling FIFA’s president to review the ban, sparking controversy over political interference. Belgium officially contested Balogun’s eligibility, threatening further actions for the upcoming match. A Majority of Polymarket Traders Believe Balogun Will Play Against Belgium The…
Key Takeaways Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy. Bulls eye a credit rating upgrade and S&P 500 inclusion as Strategy builds a $2.5 billion…
Key Takeaways Elon Musk said space is the only way to scale AI as SpaceX targets 1 GW of orbital compute by 2027. SpaceX’s AI1 satellite spans 70 meters and carries up to 150 kW of interchangeable compute capacity. SpaceX, which holds 18,712 BTC, hit a $2.1T valuation on its June 12 Nasdaq debut. “Space…
