Headlines

US Senators Target Wildfire Bets in New CFTC Rule Fight

Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather than exploit, and pulling them prevents nothing. Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson Fears Nine U.S. senators…

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Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push – Bitcoin News

Key Takeaways Bitgo picked Chainlink CCIP for $7.7B WBTC on Aug. 4, 2026. Chainlink replaces Layerzero as Bitgo’s exclusive cross-chain provider. Watch Bitgo migrate WBTC and future assets onto Chainlink CCIP. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by default. The decision…

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US Interest in Bitcoin Sinks to Near 5-Year Low

Key Takeaways Google search interest for Bitcoin hit near five-year lows in early August despite pro-crypto policies. A massive February selloff triggered the highest search interest over the past five years. Despite low online interest, a River report shows nearly 50 million Americans own Bitcoin, surpassing gold. Interest in Bitcoin Drops to Near-Historic Lows in…

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