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Chainlink Brings Government Data To The Blockchain, IREN's Revenue Boom, And Coinbase Makes A Prediction Market Bet

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August 30, 2025

The United States Department of Commerce and Chainlink formed a new partnership to begin publishing economic data onto the blockchain. This is the first time ever that the United States government will begin sharing data on the blockchain, and it will initially focus on publishing gross domestic product, inflation numbers and consumer price changes.

IREN Is Pulling In Huge Revenue From The AI And Crypto Boom

IREN (NASDAQ: IREN) officially announced their most recent quarterly earnings, which has seen a significant uptick in both their cloud computing and Bitcoin mining operations. IREN generated quarterly revenue of $187.3 million, and their existing Bitcoin mining operations are now expected to generate $1 billion in annual revenue with the current price of Bitcoin.

Coinbase Is Backing A New Prediction Market Startup

The Clearing Company, a prediction market startup founded by former Polymarket and Kalshi employee Tom Gemayel, raised $15 million in a seed round led by Coinbase (NASDAQ: COIN). The Clearing Company is aiming to become one of the first prediction markets to be built fully on-chain and has publicly stated they are focused on securing regulatory approvals and compliance with federal laws in the United States.

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