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BIG3 NFT Buyers Sue Ice Cube's Basketball League Over Alleged Unfulfilled Promises
NFT buyers expecting to have some ownership stake in professional 3-on-3 basketball teams from rapper and actor Ice Cube’s BIG3 league have filed a class action lawsuit against the league in the Superior Court of California—challenging the league’s past promises as it prepares to go public. The suit, filed last July but first reported by Front Office Sports and publicized by attorneys on Tuesday, alleges “deceptive, fraudulent, and illegal marketing” by the league as part of its “offering and sale of unregistered securities in the form of non-fungible tokens.” “At its core, this case is about promises ... (full story)
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*US IS REVOKING IRAN-RELATED GENERAL LICENSE TO EXPORT OIL *IRAN'S ACTIONS IN STRAIT OF HORMUZ WHOLLY UNACCEPTABLE: OFFICIAL 
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
From cryptobriefing.com | 18 min ago
The US Men’s National Team bowed out of the 2026 FIFA World Cup with a 4-1 loss to Belgium on July 6 in Seattle. It was a disappointing end to what had been, by most accounts, a genuinely exciting tournament run for the host nation. But while American soccer fans were processing their grief, something interesting was happening in the crypto markets tied to ...
From coindesk.com | 11 hr ago
Onchain governance was heralded a few years ago as the future of how communities run themselves. But a multimillion-dollar attack on the memecoin BONK shows the cost of putting a treasury at the mercy of a public vote anyone can buy their way into. BONK DAO was drained of $20 million late Monday, the culmination of a week-long scheme in which an ...
