Blockchain Progress

🔔 **Kalshi and Polymarket lose 2 state gambling appeals** **❗️**** A three-judge Ninth Circuit panel denied emergency motions from both Kalshi and Polymarket** to block lower court rulings, sending gambling enforcement cases in Nevada and Washington back to state courts. The orders came down on Thursday. **The judges concluded that raising **a defense under the Commodity Exchange Act does not create federal jurisdiction that would move the cases out of state courts. “The CEA preemption defense

🔔 **Brian Armstrong fires back at Dimon with a hockey meme** **❗️**** Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X on Friday, hours after JPMorgan Chase CEO Jamie Dimon appeared on Fox Business’s __Mornings with Maria__ and called Armstrong “full of sh!t”** over his lobbying push for the Digital Asset Market Clarity Act. The exchange escalated a months-long public feud between Wall Street’s largest bank chief and crypto’s most prominent exchange CEO, now centred on a s

🔔 **Ethereum price touches $1,500 as market crash deepens, analyst flags risk of $1,000** **❗️**** Ethereum price plunged towards the $1,500** level after a wave of long liquidations, persistent ETF outflows, and worsening macroeconomic conditions** triggered one of the sharpest crypto selloffs of 2026. **According to data** from cryptonews, Ethereum price fell over 10% to an intraday low of around $1,505 on June 6 before stabilizing near $1,540 at press time**. The decline extended losses to

🔔 **Coinbase unveils 24/7 gold and silver futures for U.S. traders** **📌**** The new products let eligible U.S. traders access precious metals nearly every day**, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional commodities **to its always-on trading infrastructure.** **🌐**** Eligible traders can now buy and sell regulated gold and silver futures through participating brokers**. The contracts include one troy ounce of gold and **50 troy o

🔔 **CZ proposes freezing Satoshi Bitcoin stash to stop quantum theft** **❗️**** Speaking during a June 18 appearance on the Galaxy Brains podcast** hosted by Galaxy Research President Alex Thorn, Zhao said quantum computing does not pose an insurmountable threat to Bitcoin** because quantum-resistant cryptographic systems already exist.** 🌐 **Zhao argued that the more difficult task** would be coordinating a network-wide migration to those technologies if quantum computers eventually become c