NEW ECONOMY

The Seed Phrase Was Never the Right Answer: What Account Abstraction Changes for DEX Users

One of the oddest features of today’s technology is the seed phrase. It requests that users note down a random combination of words, keep them somewhere safe, but not digital, that they don’t photograph, don’t enter on any website,...

Selena Gomez Dismisses ‘Baseless’ Fraud Claims Over Mental Health Startup

The singer and actor vows to fight a $1.2 million lawsuit by Wondermind investors who claim she ‘falsely represented’ her involvement in the wellness venture. Her lawyer calls the allegations ‘completely meritless.’ Source link

Bybit Launches Unitree, Moonshot AI Pre-IPO Contracts

The additions come as Bybit’s TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies. Source link

Tokenized Stocks Reach 1.3M Holders as Volume Surges

The number of tokenized stock holders has more than doubled over the past month to 1.31 million, according to RWA.xyz data.Monthly transfer volume surged nearly 180% over the same period to $23.13 billion, while monthly active addresses increased 34.62%...

Unitree IPO: crypto derivatives traders on Hyperliquid price 4x upside on debut

The contracts traded just 1.6% apart on average when both markets were active, and traded near $92 and $94 most recently, translating to a more than 300% upside from the IPO price.That fourfold premium also means Unitree could have...

Bitcoin $1M By 2030 Is ‘Mathematically Impossible’ Says Markus Thielen

The numbers behind the oft-cited prediction that Bitcoin will reach $1 million by 2030 simply don’t add up, according to Markus Thielen, head of research at 10x Research.“It’s mathematically impossible,” Thielen tells Cointelegraph on Trade Secrets, arguing that Bitcoin’s...

Bank of America Finds a New Generation of Entrepreneurs Is Gaining Ground Fast

Gen Z is rapidly narrowing a once-massive generational gap as younger and lower-income Americans account for a growing share of new business formations. Source link

Bitcoin Could Bottom in October, Altcoins Are ‘Basically Dead,’ Swan CEO Says

Bitcoin could bottom in October before recovering to around $130,000 ahead of the 2028 halving, according to Swan Bitcoin CEO Cory Klippsten.Bitcoin’s (BTC) price peaked above $126,000 in early October 2025, meaning that the “market should bottom in October,”...

Kalshi Ordered to Stop Prediction Markets in Washington

Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multi-source geofencing system by Sept. 2. Source link

How AI Agents Are Deleting the Steep Web3 Tooling Curve

Key TakeawaysCoinfello launched an AI agent using plain language to automate 1-prompt DeFi strategies.Minchi Park predicts AI agents will force dApps to focus on net yields rather than top UI designs.CEO jacobc.eth confirmed 2-step manual processes will be automated...
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