Cryptocurrency exchange Kraken has acquired the U.S. Commodity Futures Trading Commission (CFTC) regulated Designated Contract Market (DCM) Small Exchange for $100 million, further consolidating its position in the U.S. derivatives sector. The acquisition, completed from IG Group, provides Kraken wi
Blockchain prediction market platform SX Bet announces the launch of a peer-to-peer (P2P) parlay betting feature and a $50,000 tournament as a major expansion of its product ecosystem. The new feature eliminates the traditional "bookmaker line" model, allowing users to set and accept odds directly f
FanDuel and the Chicago Mercantile Exchange Group (CME Group) announced a partnership to launch a new event-based trading platform in the United States, combining the infrastructure of the derivatives market with FanDuel's extensive customer reach.The platform will offer fully funded contracts, allo
South Korean entrepreneur Do Kwon, who once triggered a "century crash" in the history of cryptocurrency, may admit to fraud charges in the United States. U.S. Judge Paul Engelmayer has scheduled the hearing for August 13 at the Manhattan Federal Court, where Do Kwon is expected to withdraw his prev
As wrestling legend Hulk Hogan (real name Terry Bollea) and heavy metal idol Ozzy Osbourne passed away, the prices of meme-based cryptocurrencies themed after them saw a dramatic surge.Hogan died last Thursday at the age of 71; two days earlier, Black Sabbath's lead singer Osbourne passed away at th
The emerging mobile gaming platform in Africa, Rise & Hustle, has officially launched in Nigeria, featuring a "click-to-earn" model. Users can accumulate points for real-world rewards, including call time, branded merchandise, and Rise tokens based on blockchain, simply by clicking to advance the ga
Bitget Wallet officially announces a comprehensive upgrade of its "Shop with Crypto" feature, enabling seamless use of mainstream cryptocurrencies in real-world consumption scenarios, truly bridging the last mile from "holding to spending" digital assets. Users no longer need to exchange cryptocurre
According to the Financial Times, U.S. President Donald Trump plans to sign an executive order as early as this week, allowing U.S. 401(k) retirement plans to invest in "alternative assets" such as cryptocurrencies, gold, and private equity. Once implemented, this move will open the doors of the cur
Based in New York, Burwick Law Firm filed a lawsuit yesterday in the Southern District of New York Federal Court, accusing Pump.fun and its series of Solana ecosystem partners of illegally operating a "digital casino" without regulatory approval, using meme coin speculation to embezzle up to $5.5 bi
Philippines' GrabPay takes a crucial step towards digital asset integration: users can now use cryptocurrencies to top up their e-wallets. This new service, launched in collaboration with Singapore's payment platform Triple-A and local cryptocurrency exchange PDAX, signifies Grab's further expansion
Iran's largest cryptocurrency exchange Nobitex recently confirmed that it suffered a severe cyber attack earlier this month, with losses amounting to $100 million. As the impact of the incident gradually emerges, the platform is slowly resuming services and currently only allows users who have compl
Driven by legal developments and the market's growing interest in predictive trading, the US event contracts trading platform Kalshi announced the completion of a $185 million Series C funding round, with a post-money valuation of $2 billion. This round was led by Paradigm, with participation from S
Carrom, a tabletop game well-known in the South Asian region, is undergoing an unprecedented digital transformation. Originally a staple at family gatherings and community competitions, players would sit around a square board, flicking circular pieces with their fingers to skillfully and strategical
Two companies jointly announced that Elon Musk's social platform X (formerly known as Twitter) has officially designated the crypto prediction platform Polymarket as its "official prediction market partner," and announced the launch of a comprehensive product that integrates real-time market data, s
The Philippines Bureau of Immigration at Ninoy Aquino International Airport Terminal 3 thwarted a human trafficking attempt when a woman was intercepted trying to leave the country with a forged departure stamp. An airport technician suspected of assisting her was also arrested.According to reports,
Recently, the Dongxihu District Branch of the Wuhan Public Security Bureau in Hubei successfully cracked a telecommunications fraud case under the guise of "virtual currency investment", dismantling a well-organized criminal gang and arresting 32 suspects on the spot, 20 of whom have been legally de
