News linked to both this project and an event.
According to information released by the UAE Ministry of Interior via PR Newswire, the ministry led "Operation Confrontation Ghost". Law enforcement agencies from 30 countries, Interpol, the Global Anti-Scam Alliance (GASA), and 13 companies including Meta, TikTok, Mastercard, Huawei, and Crypto.com participated in the operation. Conducted from July 1 to September 30, 2026, the action targeted three categories of crime: AI-enabled fraud, digital financial fraud, and technology-assisted extortion. The operation identified over 15,500 victims and 3,500 suspects, arrested over 960 individuals, raided 29 scam centers, shut down more than 570 implicated social media accounts, and uncovered over 4,126 fraud-related bank accounts. Participants exchanged over 9,000 pieces of intelligence and identified more than $39 billion in fraud-linked funds and cryptocurrency assets. This amount does not represent the total recovered sum, as recovery efforts remain ongoing.
Odaily reports: Crypto.com's prediction market trading platform and Novig filed suit against Missouri officials in federal court last Friday, asking a judge to bar the state from taking enforcement action against their sports event contracts. Previously, Missouri Attorney General Catherine Hanaway sent cease-and-desist letters in September to six platforms, including both companies, requiring them to stop offering sports event contracts to state residents within 30 days or obtain a state license and pay a 10% tax. Crypto.com said the cease-and-desist letter was mistakenly sent to Foris DAX, Inc. rather than the trading platform itself; the Missouri Constitution only permits the issuance of two mobile sports prediction licenses, and both have already been granted, making obtaining a license unfeasible.The two platforms argue that the Commodity Exchange Act grants the CFTC exclusive jurisdiction and preempts state law. Kalshi, Polymarket, Robinhood, and Underdog, which also received cease-and-desist letters in September, had not filed suit in Missouri federal court as of Sunday. Because multiple U.S. federal appellate courts are divided on whether federal law preempts state regulation, Novig has asked the court to issue a preliminary injunction during the litigation to maintain the status quo.
Odaily News: Crypto.com has launched its prediction market platform Predict Pro for U.S. users on its exchange. The platform connects to OG.com Markets, an exchange and clearinghouse registered with the U.S. Commodity Futures Trading Commission (CFTC), offering real-time order book depth, probability charts, and multiple order types, and supports combining 2 to 20 event predictions from different markets into a single trade. (The Block)
Blockchain.com is seeking approval in the U.S. market to launch prediction markets and crypto derivatives trading.
According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has submitted two proposed rules to the White House Office of Management and Budget (OMB): one would formally classify event contracts traded on platforms such as Kalshi, Polymarket, Crypto.com, and Robinhood under the regulatory definition of "swaps"; the other would explicitly exclude casino-style gambling products from the swaps category. This move aims to respond to recent federal court rulings—the Sixth and Eighth Circuits both ruled that Kalshi's sports-related contracts do not qualify as swaps and should be subject to state gambling regulations, while the Third Circuit upheld the CFTC's jurisdiction over prediction markets. With conflicting rulings across the circuits, the matter may ultimately need to be resolved by the U.S. Supreme Court. Currently, the CFTC comprises only one commissioner, Chair Mike Selig, with all related decisions made solely by him.
Odaily News: Nadex, the U.S. regulated derivatives trading platform under Crypto.com, has completed its registration with the U.S. Securities and Exchange Commission (SEC) and can now offer securities futures products through OG.com. The registration took effect on September 14, and the SEC confirmed the registration filing on September 16. CEO Kris Marszalek stated that this registration authorizes the company to introduce single-stock futures to the U.S. market, and the company is also working with the SEC and CFTC to push for offering single-stock perpetual contracts, i.e., futures contracts with no fixed expiration date, in the United States.U.S. trading platforms are racing to establish a foothold in stock perpetual futures. Coinbase also submitted a similar registration notice earlier this month, seeking to list stock perpetual contracts in the United States. Its Chief Policy Officer Faryar Shirzad said the plan still requires CFTC approval. (TheBlock)
Odaily News: Robinhood has reached an agreement with Crypto.com to further expand its prediction market business. Under the agreement, Robinhood will list event contracts provided by OG.com, Crypto.com's prediction market platform, and will take a minority stake in both Crypto.com and OG.com.Following an investment from Citadel Securities in July this year, OG.com's valuation has reached approximately $5 billion. (WSJ)
Odaily News: Cronos CEO Ryan Wyatt posted on X platform that this week the team will announce the eligibility rules for its network token launch platform projects to land on Crypto.com; Cronos applications will go live in 10 days, and the tokenomics proposal plans to use 100% of application revenue to buy back and burn CRO.
According to the post-incident report released by Tectonic, the Cronos blockchain lending protocol Tectonic suffered an oracle manipulation attack at 12:49 UTC on August 30, 2026. By repeatedly borrowing and re-collateralizing TONIC tokens 98 times within a single transaction, the attacker drove up the TONIC collateral price by approximately 195 times. Leveraging this artificially inflated value, they subsequently extracted assets with a nominal value of $120.4 million from nine lending markets, spanning USDC, USDT, WBTC, WETH, and other assets. The attacker then bridged the stablecoins to Ethereum and converted them to ETH, while selling the remaining assets for CRO on the Cronos chain before withdrawing them. Approximately $9.19 million in total successfully escaped before the network halt. At 14:32 UTC, Cronos validators emergency-paused the network, rolling back the on-chain state to pre-attack conditions and restoring assets still held on Cronos. Currently, Tectonic's supply and borrowing functions remain suspended, while withdrawal and repayment capabilities continue normally. Tracing efforts for the stolen funds are being coordinated by blockchain forensics firms, law enforcement agencies, and stablecoin issuers, with freeze requests already filed with the relevant issuers.
Odaily News: Cryptocurrency exchange Crypto.com has begun offering tokenized derivatives tracking 1,500 US stocks and ETFs, including Apple, Tesla, and Nvidia. These products provide synthetic exposure to the price of the underlying stocks, with investors not holding the underlying shares and having no voting or other shareholder rights. The launch comes as multiple cryptocurrency exchanges enter the equities market, amid ongoing discussions over what rights tokenized stocks should represent. (CoinDesk)
According to CoinDesk, Crypto.com announced the launch of tokenized derivatives tracking approximately 1,500 US stocks and ETFs for eligible users in the European Economic Area and other approved markets, covering individual stocks such as Apple, Nvidia, and Tesla, as well as ETFs related to gold and silver. The product can be traded from a minimum of $1 and supports 24/7 trading.
Odaily News: Trump Media & Technology Group, the media company owned by U.S. President Donald Trump, has terminated the CRO treasury company initiative backed by Crypto.com and abandoned its broader digital asset partnership with Crypto.com. Trump Media, Crypto.com, and Yorkville Acquisition Corp. have agreed to terminate the related service agreements and digital asset product plans. The three companies stated that the decision was driven by the current market environment, as well as shifts in business and stakeholder priorities. The existing Truth Social Funds ETF will remain unchanged, and Trump Media will also abandon the direct integration of prediction markets into Truth Social, instead promoting Crypto.com's prediction market products to users through marketing partnerships. Trump Media interim CEO Kevin McGurn stated that the digital asset treasury company market has become increasingly competitive over the past year, and the prediction market business has likewise grown crowded. As a result, the company will scale back its related initiatives and pivot toward a distribution and data partner role.
Odaily News: Airport retailer Dubai Duty Free launched Crypto.com Pay on August 5, 2026, available to eligible UAE residents, covering Dubai International Airport, Al Maktoum International Airport, and its online store. Customers can select Crypto.com Pay in-store, scan a QR code displaying the amount in UAE dirhams, and authorize the transaction through the Crypto.com App; online customers can choose this method at checkout and confirm payment. Dubai Duty Free settles transactions in UAE dirhams through regulated payment infrastructure. The payment service operates under the regulatory framework of the Central Bank of the UAE's (CBUAE) stored value facility. Crypto.com previously obtained a CBUAE stored value facility license, enabling it to provide regulated payment services in the UAE.
Emirates Airlines has officially offered cryptocurrency payment options via Crypto.com Pay. Users can complete payments on the official website and within the app, with transactions settled in UAE dirhams and complying with UAE regulatory requirements. This initiative aims to enhance payment method options and align with the cashless strategy goals under the Dubai D33 Economic Agenda. Crypto.com is responsible for converting the relevant crypto payments into regulated AED stablecoins or fiat currency before settling them to Emirates Airlines.
Odaily News Emirates has launched Crypto.com Pay on its website and mobile application. Eligible UAE residents can now use this service to pay for flight bookings priced and settled in UAE Dirhams. Transactions are processed through the Crypto.com Dubai entity and comply with UAE regulatory requirements. This feature fulfills the Memorandum of Understanding signed between Emirates and Crypto.com in July 2025. Users booking through the Emirates App will be redirected to the Crypto.com App for payment authorization, while desktop users can select Crypto.com Pay at checkout and scan a QR code to complete the payment. The Crypto.com Dubai entity, which serves as the payment infrastructure provider, holds a Stored Value Facility license from the Central Bank of the UAE and operates under the relevant framework. This service is currently limited to eligible UAE residents only. Emirates has not yet announced a launch plan for international customers, foreign currencies, or markets outside the UAE.
Crypto.com Custody has announced it will provide institutional-grade custody and liquidity services for XYO and XL1. This marks the first listing on a major trading platform for XL1 following its token sale, allowing qualified institutions and high-net-worth clients to store, manage, and exchange both tokens through a regulated pathway. Related assets will be held in client-segregated MPC wallets and held by bankruptcy-remote entities. Private keys are protected by multi-party computation running within a trusted execution environment. Clients have access to cold storage, audit trails, and Crypto.com’s institutional liquidity services. Eric Anziani, President and Chief Operating Officer of Crypto.com, stated that digital asset organizations require custody solutions that offer both security and liquidity. Markus Levin, co-founder of XYO, noted that after XYO was initially listed on the Crypto.com trading platform, the relationship between the two parties has continued to expand. In July 2026, Citadel Securities invested $400 million in Crypto.com at a valuation of $20 billion. In February 2026, the U.S. Office of the Comptroller of the Currency (OCC) conditionally approved Crypto.com to establish Crypto.com National Trust Bank.
BitcoinTreasuries.NET posted on X platform, stating that Strive's CRO PunterJeff Jeff Walton (@PunterJeff) explained that Strategy's recent sale of 3,500 Bitcoin is actually bullish and helps it buy more BTC. He stated that this will provide more support for STRC and its future growth ability, thereby allowing it to purchase more BTC, and MSTR shareholders should view this positively.
Crypto.com Exchange has officially integrated with TradingView and become an official broker. Eligible retail and institutional users can execute trades directly from TradingView charts, eliminating the need to switch between analysis and trading interfaces. This integration covers not only cryptocurrencies but also a diversified range of assets including stocks, commodities, pre-IPO perpetual contracts, and tokenized real-world assets.Eric Anziani, President and COO of Crypto.com, stated that this integration brings together two powerful platforms, enabling traders to transition instantly from analysis to execution, accessing deep liquidity and real-time market data directly from the charts. (financefeeds)
prediction market platform Kalshi has announced support for the establishment of a new prediction market lobbying organization, Americans for Fair Markets, and has appointed Taylor Budowich, former White House Deputy Chief of Staff under the Trump administration, as a strategic advisor. The organization will confront the sports betting and casino industries, which it alleges are "trying to maintain their monopoly and spread misinformation about prediction markets to policymakers."According to reports, Americans for Fair Markets will push for federal-level regulatory policy for prediction markets and launch paid advocacy campaigns to counter what it calls "false narratives" about the industry. The organization will also join a broader industry lobbying camp, including the Coalition for Prediction Markets, which was founded in December 2025 with support from Coinbase, Crypto.com, and Robinhood.On the same day, the U.S. House of Representatives launched an investigation into Kalshi and its main competitor, Polymarket, focusing on how the platforms handle insider trading issues. As prediction markets face increased scrutiny in the United States and globally, related regulatory controversies continue to escalate.Kalshi stated that the new organization will support the U.S. Commodity Futures Trading Commission’s (CFTC) regulation of prediction markets and will advocate for KYC requirements, a ban on insider trading, and restrictions on markets related to violence and terrorism under a federal regulatory framework. John Bivona, Head of Government Relations at Kalshi, said: "We will not be outspent or out-organized by established interests trying to protect their monopoly." (Cointelegraph)
fintech company Revolut has announced the launch of its first physical crypto debit card, featuring a Dogecoin theme and an LED display that lights up when users tap to pay.The card is usable at merchants that accept Visa and Mastercard, and will initially be rolled out in the UK and the European Economic Area.This launch comes amid sustained growth in crypto card usage. Platforms such as Crypto.com, Coinbase, and Binance are all expanding their crypto card services, while Gemini also regards its credit card business as a key source of revenue growth. Data shows that daily transaction volumes for crypto cards have repeatedly exceeded 100,000 in recent times, indicating that payment scenarios within the industry are continuing to expand.