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Crypto
U.S. lawmakers urge CFTC to ban wildfire betting in prediction markets
Nine Democratic U.S. senators urged the Commodity Futures Trading Commission to ban prediction-market contracts tied to wildfires, saying such betting could incentivise arson, enable insider trading and undermine public safety. The senators cited Polymarket taking in more than $1.2 million in bets linked to California wildfires in 2025 and said other new platforms also allow wildfire wagers. Their push comes as prediction markets expand and face rising legal and political pressure over regulation.
Games & Commerce
Naver steps up AI expansion from infrastructure to offline data
Naver is expanding AI infrastructure and consumer services, including an AI factory being developed with Nvidia and broader use of action-oriented AI across search, shopping, Place and payments. It plans to connect offline data through Npay Connect. Naver reported second-quarter revenue of 3.39 trillion won, up 16.2 percent, and operating profit of 520.3 billion won, down 0.2 percent, citing higher costs including AI infrastructure and Npay Connect terminals.
Crypto
White House discusses bipartisan compromise on ethics rules as U.S. CLARITY bill faces late hurdle
The Trump administration is working on a bipartisan compromise on public ethics rules tied to the CLARITY bill, a U.S. digital asset market-structure proposal. The White House is discussing terms reflecting demands from both Democrats and Republicans as ethics provisions emerge as a key sticking point for Senate passage. The Senate has yet to move toward ending debate or placing the bill on its formal agenda, and other business is scheduled ahead of an Aug. 10 recess.
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Industry
Taiwan sets record 2027 technology budget to boost sovereign AI and computing infrastructure
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Crypto
Kraken begins converting ICX tokens to SODA
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Crypto
U.S. Senate recess nears; Lummis says she expects Clarity Act vote
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Crypto
BlackRock to implement 1-for-3 reverse split for Ethereum ETF ETHA to cut trading costs
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AI & Enterprise
Google rolls out Gemini Spark AI agent for Chrome
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Crypto
Cardano tests two-way ADA, INJ transfer with Injective in first step toward broader interoperability
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Crypto
U.S. CLARITY bill faces possible delay as Congress recess nears, vote uncertain
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Games & Commerce
Inventory turnover doubles as stock data sets ad and ordering priorities
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Mobility
Rivian spinoff Also begins first customer deliveries of electric bike after months of delays, shipments through September
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Crypto
XRP past cycles suggest August drop, September rebound possible
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Crypto
Clarity bill missing from U.S. Senate schedule, Aug. 7 seen as pivotal
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Industry
SK Hynix shares slide despite record results
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Industry
Hanwha Solutions Q2 operating profit 306.5 billion won, up 200 percent on year
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Crypto
US SEC chair publicly backs CLARITY bill, pledges support for Congress
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Crypto
Work that took 1 hour now done in 15 seconds as quantum advances raise Q-Day concerns