This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
Takes
Willemstad, Curaçao, August 14th, 2026, PlayNewswire
A high-stakes crypto player connected to 1win’s Global Crypto Ambassador network received a 1.749 million USDC payout following a seven-figure wager on Paris Saint-Germain against Aston Villa in the 2026 tUEFA Super Cup.
The payout was received in USDC via the Ethereum network. Both the original deposit and subsequent withdrawal are publicly traceable on-chain, providing independent confirmation of the movement of funds.
The player joined 1win through the network of one of the brand’s Global Crypto Ambassadors, following the recent launch of the 1win Global Crypto Ambassador program. The initiative was designed to build a worldwide network of crypto-native creators, community leaders and active Web3 participants, as well as to connect 1win with established crypto communities.
The latest result also follows another seven-figure bet placed on 1win earlier this summer. In July, Mia Khalifa received a total payout of $1.65 million after placing a $1 million bet on Spain to defeat Argentina in the 2026 FIFA World Cup final.
The two million-dollar wagers within weeks of each other highlight the growing presence of high-stakes players on the platform. The latest case also demonstrates the role of stablecoins in high-value iGaming transactions, with the full cycle from deposit to payout conducted in USDC and recorded on Ethereum.
The win comes as 1win continues expanding its presence among crypto-native audiences, combining its Global Crypto Ambassador program with an increasing focus on digital assets and Web3 communities.
About 1win
Founded in 2016, 1win is a crypto entertainment platform in the global gaming industry. Operating across Asia, Latin America, and Africa, 1win offers a wide range of entertainment products adapted to regional audiences. The brand has active collaborations with international public figures, including football legend Luis Suarez, martial artist Jon Jones, and Olympic champion and UFC fighter Gable Steveson. In 2026, 1win welcomed rapper Tyga, UFC legend Ilia Topuria, and reggaeton star Nicky Jam as members of the 1win VIP community.
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eToro Takes Strategic Stake in Onchain Derivatives Exchange Extended, Plans Zengo Tie-Up
eToro has become a strategic investor in Extended, an onchain perpetual futures exchange, and said the round begins a partnership with Zengo, the self-custody wallet eToro acquired earlier this year. Neither company disclosed the investment size.
EToro has become a strategic investor in Extended, an onchain perpetual futures exchange, and said the funding round marks the start of a partnership between Extended and Zengo, the self-custody wallet eToro acquired earlier this year, according to a post from Extended.
Extended said on X that eToro “is now a strategic investor” and that the partnership will focus on “expanding access to global financial markets through next-generation on-chain infrastructure,” describing it as a step toward “bridging traditional financial assets and decentralized trading environments.”
Neither eToro nor Extended disclosed the size of the investment in their own statements, and neither had published a dedicated press release on the deal as of publication. CoinDesk reported the round totaled $12.5 million.
Extended is a perpetuals decentralized exchange built on Starknet, founded by former Revolut employees including Ruslan Fakhrutdinov, the fintech’s former crypto head. According to Extended’s own documentation, the exchange supports more than 100 markets spanning crypto, equities, foreign exchange and commodities, the kind of cross-asset venue eToro said it wants to connect to a self-custody wallet.
The investment builds on eToro’s acquisition of Zengo, a self-custodial wallet provider, which the two companies announced in April in a deal Bloomberg and other outlets reported was worth roughly $70 million. In its own release, eToro said the Zengo deal was meant to “accelerate its strategy of connecting traditional finance with on-chain infrastructure,” and Zengo co-founder and CEO Ouriel Ohayon said joining eToro would let the wallet “expand access to self-custody and on-chain finance.” Pairing Zengo’s custody with Extended’s derivatives engine would let eToro offer onchain perpetuals to wallet users who keep control of their own assets.
The move places eToro alongside other retail brokerages pushing into onchain trading. Robinhood this week launched the public mainnet of Robinhood Chain, its own Arbitrum-based Layer 2 for financial services and real-world assets, as brokers race to build out onchain product suites and move beyond simple crypto spot trading.
‘He’s Full of Shit’: JP Morgan’s Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act
In brief
- JP Morgan CEO Jamie Dimon went on the offensive against Coinbase CEO Brian Armstrong on Friday.
- The banking executive said he and others in the banking industry are firmly against the Clarity Act over the issue of stablecoin yield.
- Dimon claimed Armstrong is “the only one” fighting for it and spending “hundreds of millions” doing so.
JP Morgan CEO Jamie Dimon did not mince words about his stance on the Clarity Act and Coinbase CEO Brian Armstrong in an interview with Fox Business on Friday.
The banking executive said he is not happy with the current version of the Clarity Act, a bill that would regulate most crypto activity in America, and says banks will “not accept it that way.” Dimon further vowed that the banking industry will fight it, and if “we lose, we lose.”
“It will be fought,” said Dimon. “No one is going to bow down to this guy, or that company,” he added, without specifically naming Armstrong or Coinbase.
After Fox Business anchor Maria Baritromo asked specifically about Coinbase, Dimon had more to say: “He’s the only one… he’s spending hundreds of millions of dollars in Washington on this thing. He’s full of shit.”
Jamie Dimon, complaining about the Clarity Act and Coinbase CEO Brian Armstrong this AM: “He’s spending hundreds of millions of dollars in Washington in this thing.”
Maria: “He said he’s representing the whole —”
Dimon: “He’s full of shit.”
Maria: “…well.” pic.twitter.com/Qik9Hnue6U
— Brendan Pedersen (@BrendanPedersen) May 29, 2026
Dimon’s scrutiny of the Clarity Act largely stems from the issue of stablecoin yield—a major sticking point with the banking lobby that has stalled progress on the bill in recent months. At the moment, cryptocurrency platforms are able to offer yield, essentially a form of interest payments, on stablecoin holdings as permitted by the GENIUS Act—signed into law by President Donald Trump in July last year.
The GENIUS Act specifically prohibits stablecoin issuers, such as Tether or Circle, from offering yield to clients, but allows for third-parties, such as Coinbase or other exchanges, to do so instead.
Banks have fought to include language in the Clarity Act to close that loophole while crypto industry giants like Coinbase have sought to ensure platforms can continue offering yield tied to stablecoins.
The debate has helped draw out the Clarity Act’s potential passage by more than four months, with Coinbase at one point withdrawing its support for the bill prior to the inclusion of stablecoin reward compromise language.
Just two months ago, Dimon slammed the demands on stablecoin yields, noting that the “public will pay.” Once more on Friday, he added that “it would eventually blow up on its own.”
“If you want to be a bank, become a bank,” he said in March. “Then you can do whatever you want under bank law.”
The contentious bill has seen plenty of back and forth over the last few months, but passed a key Senate Banking Committee vote earlier this month. It will now move to the Senate floor for a potential final approval.
Despite the back and forth, President Trump has remained adamant getting the bill passed, posting earlier this week that he aims to “codify a future proof digital asset market structure.”
As it stands, predictors on Polymarket give the bill around a 59% chance of being signed into law by the end of 2026.
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Key points:
-
Bitcoin stabilizes into the weekend, but market sentiment is anything but relaxed about the outlook.
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BTC price forecasts increasingly feature sub-$100,000 levels.
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RSI signals still point to a rebound — something more likely if stocks head higher next week.
Bitcoin (BTC) clung to $107,000 on Saturday as traders braced for fresh lows next.
Bitcoin traders still doubt strength of $100,000
Data from Cointelegraph Markets Pro and TradingView showed cooling BTC price volatility into the weekend.
This gave bulls some much-needed relief after a week of nasty surprises left BTC/USD down another 7%.
Now at its lowest levels in months, the pair was tipped for even lower levels in the short term amid a lack of buyer demand and major macroeconomic change.
“It all lines up nicely across the board for another wave down,” trader Crypto Tony wrote in an X post on the day.
“Bitcoin i see us dropping to $95,000, possibly testing the $91,000 region before we find a bottom.”
Crypto Tony described even the sub-$100,000 scenario as a “bullish” scenario.
Fellow trading account Daan Crypto Trades still saw calmer conditions lasting until the weekly candle close.
“BTC did a good job recovering some ground on Friday before the CME close. This makes it so we’re likely to stick around this ~$107K level during the weekend,” it told X followers.
The post flagged $105,000 as the key nearby support level to hold, with crypto due for a more significant rebound if stocks led the way next week.
To that extent, the outlook was promising — the S&P 500 closed at 6,664 on Friday, having recovered around half of its losses from the week prior.
News that US President Donald Trump did not expect higher tariffs on China to last helped equities stabilize, while gold came off its latest all-time highs.
Can RSI deliver a BTC price bounce?
As Cointelegraph reported, another encouraging sign for Bitcoin came in the form of relative strength index (RSI) values.
Related: $120K or end of bull market? 5 things to know in Bitcoin this week
With daily RSI at its lowest since April, when BTC/USD fell to $75,000, the four-hour chart showed a clear bullish divergence developing.
As price made new local lows, RSI sought a higher low, indicating that sell-side pressure was declining below $110,000.
This led some to point out a conflict between bullish leading indicator data and overly bearish market sentiment.
Interesting, $BTC has confirmed a bullish divergence on the 6H & 8H and on 12H timeframe building on oversold RSI datapoints while sentiment is as depressed as Ive ever seen 🤔 pic.twitter.com/imvSXgSgsh
— 🀄Kriesz🀄 (@_Kriesz_) October 17, 2025
The Crypto Fear & Greed Index hit 22/100 Friday, marking its first trip into the “extreme fear” zone since April.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.