Crypto Theft Violence Soars

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Good Morning,

Here's a quick preview of today's content: Coldcard hackers transfer crypto to mixers, Senators push to ban wildfire bets on prediction markets, Coinbase launches stock trading for UK users, Tether expands business into Saudi Arabi, Court mandate affirms Sam Bankman-Fried conviction, and so much more

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Market Snapshot

Click here to learn more about the Gannon's portfolios and subscribe to the strategies on Autopilot.* Since inception (7/3/25), Gannon's Crypto Portfolio is up +4.2% Gannon's AI Fund is up +55.8%

• Bitcoin flatlines near $64,000 ahead of Friday's jobs report as traders seek the safety of the largest tokens

  • BTC ETFs pull in $244M to push a 3-day inflow streak past $626M, with inflows surging even after the Coldcard hack

  • XRP and BTC whales keep buying the dip, though ETH shows deeper capitulation

  • Tokenized RWAs triple deposits to $7.4B, bucking a 15% DeFi contraction, while HYPE ETF inflows stall

Prediction Markets

• Bettors on Polymarket are predicting who will attend Ronaldo's wedding?

• Track and trade live odds on any event, only on Polymarket

Headline Roundup
^{_{The major headlines driving crypto markets}}

• Crypto bill provision lets Trump defer millions in taxes (TB)

• "We need Clarity," says former governor Andrew Cuomo (BM)

• Meta's AI escapes and hacks a company (DC)

• Court mandate affirms Sam Bankman-Fried conviction (CD)

• Hacked bitcoin firm plans post mortem eventually (BBG)

• Crypto wrench attacks on pace for record year (DC)

• Tokyo tells Trump to stop meme-ing Mario (DC)

• Bitcoin audit files 4,962 findings across 390 projects (DC)

• MetaMask launches AI wallet for crypto trading (DC)

• MARA and CleanSpark post double-digital revenue drops (TB)

• Wintermute registers as SEC broker-dealer (TB)

• Tether expands business into Saudi Arabia (CD)

• Block's spending rises despite workforce cut (TB)

• Ark Invest makes SpaceX and Circle top holdings (DC)

• Late Ondo founder's mother seeks control of company (TB)

• Step App winds down after four years (CT)

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Venture Capital

• Stablecoin firm JPYC raises $38M in a Series B round (TB)

• DePIN project Vangrid raises $9M backed by HashKey, Crypto.com Capital, Animoca Brands, and others (TB)

Access the complete VC deal flow on Fundable.

Launches

• Coinbase launches stock trading for UK users (TB)

• Uniswap's launchpad goes live (BL)

• Breez launches web app (BM)

Regulation

• Senators push to ban wildfire bets on prediction markets (DC)

Cybersecurity

• Bitcoin developers flag 85 bugs (CD)

• Coldcard hackers transfer crypto to mixers (CT)

• Scammers pose as regulators to prey on MiCA (DC)

• Zeus Wallet taken offline after cyberattack (CT)

Extra Reads

• Farts, cows, uranium, a patch of a tennis player's arm, and a Banksy someone set on fire on livestream, tokenization has come for all of them, with wildly mixed results - Here's the 10 weirdest things ever put onchain

• The S&P 500 added roughly $2.1T this month, nearly the entire crypto market's value, yet Bitcoin barely budged, because the rally is being driven by AI and semiconductor stocks that Bitcoin has almost no exposure to - Here's why Bitcoin is shrugging off Wall Street's record run

Chart of the Day

On-chain treasury funds hit record market cap of $16.2B

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*DISCLAIMER: Investment advice provided by Autopilot advisers LLC, an SEC registered investment advisor. Past performance does not guarantee future results. Investing carries risks including the risk of the loss of principal. Performance doesn't include fees. See more here.