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Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy Stadium beginning with the 2026 season.The partnership also makes Galaxy the official data center and digital assets partner of Texas Tech Athletics, with the companies planning to collaborate on student-athlete name, image and likeness opportunities, artificial intelligence initiatives and workforce development programs.According to Friday’s announcement, the stadium will debut under its new name on Sept. 5, when Texas Tech opens its season against Abilene Christian. Financial terms of the agreement were not disclosed.The deal expands Galaxy’s…

The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31.The distribution will mark the fifth round of attempts of repaying FTX’s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX’s recovery plan, while…

The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate floor without a bipartisan ethics provision. Other Democrats have raised similar concerns over conflicts of interest involving public officials and digital assets.As of Friday, there had been no public readout from Thursday’s White House meeting, and no bipartisan ethics language had emerged, leaving one of the bill’s largest obstacles unresolved.If passed, the Clarity Act would…

Aristotle Exchange, which Underdog acquired in March and rebranded as UDX, launched Friday after self-certifying its first sports contracts, setting trading fees and establishing a market-maker programMajor fantasy sports company Underdog launched its own prediction market exchange Friday, bringing more of its rapidly growing Predictions business in-house.Underdog CEO Jeremy Levine confirmed the launch during an interview Friday afternoon with CNBC’s Contessa Brewer. “Today, we are launching our own exchange,” Levine said, describing it as a federally regulated platform operating through the company’s designated contract market and derivatives clearing organization.Aristotle Exchange DCM, now operating as Underdog Exchange, or UDX, filed seven…

San Francisco, CA, July 17th, 2026, Chainwire Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the token from the open market. The purchase brings Numerai’s total NMR buybacks to $3.2 million within one year. The buyback reflects Numerai’s continued investment in the staking system that aligns thousands of independent data scientists toward improving the firm’s Stake-Weighted Meta Model, the machine learning model that powers Numerai’s…

London, United Kingdom, July 17th, 2026, Chainwire ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties. As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems.  Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a…

Mutsamudu, Comoros, July 17th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has listed five Ondo tokenized stock trading pairs on its spot market in collaboration with Ondo Finance. The five companies span a supply chain that runs from semiconductor and precision component manufacturing to industrial cooling and power infrastructure supporting AI data centers, allowing users to trade these U.S. stocks using USDT on MEXC around the clock, with instant settlement and no traditional brokerage account required. The trading pairs include tokenized shares of STMicroelectronics N.V. (STMON/USDT), Fabrinet (FNON/USDT), Trane Technologies (TTON/USDT), Amphenol (APHON/USDT) and Quanta Services (PWRON/USDT).…

Dubai, UAE, July 17th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today released its Q1 2026 BTC spot execution analysis, showing that its Rapid Price Improvement (RPI) mechanism consistently delivered lower trading slippage than comparable execution measurements across major cryptocurrency exchanges. As digital asset markets continue to mature, execution quality has emerged as an increasingly important measure of market performance alongside trading fees and quoted liquidity. Bybit’s latest analysis demonstrates that improvements in market structure can materially reduce trading costs for both retail and institutional participants. Across simulated BTC/USDT spot trades ranging from US$10,000 to US$1…

Willemstad, Curaçao, July 17th, 2026, PlayNewswire Cryptocurrency has become one of the fastest-growing categories within prediction markets, as traders and investors increasingly look beyond price charts to speculate on major industry milestones. Reflecting this trend, international betting brand 1win has expanded its Markets product with a series of new cryptocurrency prediction markets covering some of the sector’s most closely watched digital assets. The new crypto-themed forecasts on 1win Markets allow users to speculate on topics, including “Crypto-related forecasts are becoming a natural extension of prediction markets, giving users another way to engage with some of the biggest narratives in the…

Mutsamudu, Comoros, July 16th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, today released its May–June bimonthly security report, reinforcing its role as a trusted global gateway where security and trust always come first. The audit indicates that MEXC’s Futures Insurance Fund surpassed a landmark threshold of 750 million USDT as of June 29, marking a substantial 34% expansion over the preceding reporting period. Concurrently, reserve verification data confirm that the coverage ratios for BTC, ETH, USDT, and USDC all remained safely above 100%, with Bitcoin delivering a reserve ratio of 269.35%. During May–June, crypto security incidents remained…