News

Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

Coins Legend August 6, 2026 0

A federal judge granted Utah summary judgment Tuesday, holding that the Commodity Exchange Act does not preempt the state’s anti-gambling laws as applied to Kalshi’s sports event contracts. The exchange says it will appeal to the Tenth Circuit, which would bring prediction-market appeals into

News

China Says It Cracked the Chipmaking Tech the West Spent Billions Trying to Keep From It

Coins Legend August 6, 2026 0

Researchers at the Chinese Academy of Sciences’ Shanghai Institute of Optics and Fine Mechanics built a laser-produced plasma EUV light-source platform that hit 3.42% conversion efficiency in a March 2025 paper, a key step toward domestic advanced-chip manufacturing. EUV remains the choke point for sub-7nm production, and ASML has been barred from selling its most […]

News

Mastercard Closes $1.8B BVNK Deal in Stablecoin Payments Bet

Coins Legend August 6, 2026 0

Mastercard has completed its acquisition of stablecoin payments company BVNK, adding onchain settlement and wallet infrastructure to its global network. The deal positions the card giant to connect fiat currencies, stablecoins and tokenized deposits through one payments layer.   Mastercard to Link Stablecoins to 17B Global Payment Network Mastercard has completed its

News

Eliza Labs Founder Declares ELIZAOS AI-Agent Token ‘Dead’ After Lawsuit

Coins Legend August 6, 2026 0

Shaw Walters, founder of Eliza Labs, says the ELIZAOS token is finished after a class-action settlement exhausted the project’s treasury, marking the end of one of the largest AI-agent cryptocurrency stories of the past two years. Shaw Walters Draws a Line Under the Token In a lengthy Aug. 4 post on X, Walters declared, “The […]

News

Strategy Sets Bold Goal to Become the World’s Largest Public Company

Coins Legend August 6, 2026 0

Strategy reiterated its ambition to become the world’s largest company by market capitalization, outlining a capital strategy built on bitcoin, digital credit, and equity. The approach is designed to expand its balance sheet and create long-term shareholder value. Bitcoin Holdings Anchor Strategy’s Corporate Ambition Strategy Inc. (Nasdaq: MSTR) reiterated its ambition to

News

US and UK Reveal Digital Asset Plan to Modernize Finance

Coins Legend August 6, 2026 0

American and British regulators are expanding cooperation on crypto, tokenization, payments, artificial intelligence, and financial resilience. The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize two major financial markets. Regulators Expand Their Transatlantic Digital Asset Agenda The U.S. Department of the Treasury

News

Moca Network CEO Explains Why AI Agents Will Need Provable Identity

Coins Legend August 6, 2026 0

Artificial intelligence (AI) agents will increasingly need verifiable proof of who they represent, what they may access and how far their authority extends as they begin spending money, sharing data and completing transactions for users, according to Moca Network CEO Kenneth Shek. Agents Move From Answering to Acting Kenneth Shek is the Project Lead of […]

News

Senate Will Vote on CLARITY Act Before August Recess, Lummis Says

Coins Legend August 6, 2026 0

U.S. Senator Cynthia Lummis says the Senate will vote on the CLARITY Act before lawmakers begin their August recess. The bill would divide federal crypto oversight while addressing ethics, enforcement, consumer protection, and market certainty. Lummis Sees Vote Nearing After 11 Months of Negotiations U.S. Senator Cynthia Lummis (R-WY), chair of the Senate digital assets

News

Abu Dhabi’s Crypto Blueprint Draws Miners, Funds and Global Giants

Coins Legend August 5, 2026 0

Abu Dhabi has built one of the world’s clearest paths for crypto and blockchain companies to set up shop, and sovereign money is following close behind. Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or FSRA, has licensed virtual asset activity since 2018 through the Abu Dhabi Global Market, a financial free […]

News

Bitcoin Options Flash $80K Max Pain as Wall Street Loads Up

Coins Legend August 5, 2026 0

Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls […]