Ship traffic through Strait of Hormuz near three-month low
Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz.
Regulation
SKALE launches Agent Pit to let builders train AI agents before taking them live on Polymarket
SKALE Labs launched Agent Pit, a Polymarket-inspired, paper-trading prediction market sandbox on its zero-gas blockchain.
BIP-110 failure shows Bitcoin would be ‘almost impossible to reproduce,’ Plan B Network director says
Plan B Network director Giacomo Zucco says BIP-110’s failure exposed the challenges of recreating Bitcoin’s early development.
Sponsored
Ledger — The industry-standard cold wallet
Keep private keys offline and manage assets through the Ledger Live app.
Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12.5bn
Josh Kushner and Bob Iger are purchasing the Los Angeles Lakers for more than $12.5bn in a record-breaking deal, ESPN reported on Wednesday , citing sources with knowledge of the deal.
Burnham warned Iran war could hit UK growth next year
Andy Burnham has been warned that the UK economy could barely grow next year if disruption in the Strait of Hormuz continues until the end of 2026.
US inflation cooled slightly to 3.4% in July but prices still elevated
US consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.4%, though prices still remain higher than levels seen before the war with Iran.
Panama canal fees soar due to Iran war and El Niño as ship ‘pays $4m to jump queue’
Commercial ships travelling through the Panama canal are facing a rise in costs amid disruption triggered by the Iran war and falling water levels linked to this year’s intense El Niño weather system .
Live facial recognition cameras to be used on UK’s busiest shopping street
The Metropolitan police are understood to be planning to use live facial recognition (LFR) technology on Britain’s busiest shopping street.
Sponsored
CoinTracking — Track gains across every wallet
Portfolio analytics and tax reporting trusted by over a million users.
Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout
Standard Chartered-backed Anchorpoint began an institutional rollout of its Hong Kong dollar stablecoin, HKDAP, following licensing approval.
Morning Minute: The CFTC Bails Out Kalshi in NY
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.
Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33
Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.
SEC Crypto Rules: 3 Possible Moves This Week as CLARITY Act Stalls
Bitwise CIO Matt Hougan says the SEC could move ahead with crypto rules even while the CLARITY Act remains stuck in Congress, potentially giving the industry a faster route toward regulatory clarity.
AI was supposed to destroy jobs. Where’s the carnage?
The AI jobs apocalypse never showed up. Still, jobs are changing and economists expect more to come.
Iran war and high living costs fueling last-minute holiday bookings, Tui says
Geopolitics and cost of living crisis have cost Europe’s largest travel company €60m so far
Just 20 of 6,600 Defra staff working on climate adaptation amid drought and wildfires
Just 20 staff are working on climate adaptation within a key government department tasked with protecting the environment and maintaining food security, a freedom of information request has revealed.
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
The Commodity Futures Trading Commission has invoked its emergency authority to order Kalshi to carry on trading, acting on Tuesday after the exchange itself notified the agency of a market emergency.
Great Britain faces electricity supply shortfall during solar eclipse
Event expected to hit solar power just as fifth heatwave of summer increases use of air conditioning and fans
FlightAware drops lawsuit against Kalshi one day after filing
The flight tracker previously claimed that Kalshi improperly used its data and trademark to run prediction markets on flight cancellations.
Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens
X user Juiceberg reported earlier that an attacker had minted four billion ONE tokens without authorization.
Eerie silence and ‘still surviving’: what happened next after steel town’s last blast furnace shut down
Exhibition in Port Talbot is part of project exploring how communities experience endings and transitions
Bitwise cuts 14% of staff as crypto layoffs mount during market downturn
Bitwise CEO Hunter Horsley told The Block that the crypto asset manager trimmed its global team to around 155 last week.
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
UK heatwaves may have cost economy £4.4bn in lost output so far this year, analysis finds
Verdant thinktank says cost could top £25bn a year by 2030 and calls for maximum temperature for working and urban redesign to cool down cities
Passenger jet billed as China’s answer to Boeing and Airbus prepares to make first international flight
The Comac C919 will fly from Beijing to Ulaanbaatar in Mongolia, although experts say it could take generations for it to challenge the west’s dominance of the industry