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DRW, Wintermute, and IMC Form Prediction Market Trading Teams, Deploying on Polymarket and Kalshi

as prediction market trading volume grows, institutional capital is entering this sector. Quantitative trading firms such as DRW, Wintermute, and IMC are forming dedicated prediction market trading teams, recently posting relevant job openings to focus on platforms like Polymarket and Kalshi. These teams aim to capture pricing deviation profits through cross-platform arbitrage, market microstructure arbitrage, and news-driven trading strategies. Industry insiders believe that as the prediction market expands and on-chain trading platforms like Hyperliquid plan to launch prediction market products, a competition centered on latency, liquidity, and cross-platform efficiency has already begun. (CoinDesk)

Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H

Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.

Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected

Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.

Bitcoin Treasury Capital Announces the Launch of Sweden's First BTC-Backed Preferred Stock, BTC PREF, with an Annual Dividend of 10%

Bitcoin Treasury Capital has just announced the launch of Sweden's first BTC-backed preferred stock, BTC PREF, offering an annual dividend of 10%. Trading is expected to commence on July 20 on the Spotlight Stock Market. The issuance is anticipated to raise $2.5 million to purchase additional BTC. (BitcoinTreasuries.NET)

Polymarket Exposed for Paying Influencers at Least $350,000 to Promote Its Prediction Market, with Some Content Not Disclosing Commercial Partnerships

Odaily News: Prediction market platform Polymarket's Chief Marketing Officer, Matthew Modabber, was reportedly found to have paid content creators at least $350,000 through his personal PayPal account between January 2025 and February 2026, to promote Polymarket and its prediction market data.Reports indicate that Modabber transferred over $2.5 million to more than 800 individuals over 14 months. According to a Politico investigation, at least 20 influencers who received payments subsequently posted approximately 490 pieces of content related to Polymarket on social media platform X, with the majority failing to clearly disclose the paid partnership.Creators involved include conservative commentator Alex LoRusso, political commentator Brian Krassenstein, and Fox News contributor Riley Gaines. The related posts often described Polymarket's odds changes as "BREAKING" news or event bellwethers, aiming to reinforce the public perception of the platform's predictive accuracy.A Polymarket spokesperson responded that collaborating with content creators is a standard marketing strategy for the company, intended to provide global users with "the most accurate, transparent, and data-driven market insights." However, the company did not address questions regarding why personal accounts were used for payments or whether the related promotions complied with disclosure requirements.The report notes that following Trump's election victory, interest in prediction markets surged, and Polymarket's trading volume grew rapidly. As the platform seeks to re-enter the U.S. market, it is expanding its brand influence through social media and opinion leaders, while also facing scrutiny over information disclosure, market influence, and regulatory compliance. (Politico)

Chainalysis: Gray Market Peptide Suppliers Increasingly Using Bitcoin and Stablecoins

Chainalysis has released a report stating that as demand for gray market peptide products (such as weight loss drugs like semaglutide) grows rapidly, related suppliers and buyers are increasingly using cryptocurrencies for transactions, with leading suppliers primarily relying on Bitcoin and stablecoins.The report shows that crypto funds flowing into this sector reached $32 million in the first quarter of 2026, a 159% increase from $12 million in the previous quarter, with the annualized scale already exceeding $100 million.Chainalysis points out that demand for peptide products is driven by trends in medical aesthetics, health and wellness, and the popularity of GLP-1 drugs. However, since these products often involve prescription-grade compounds or unregulated substances, traditional banks and credit card processors typically restrict their transactions, prompting the market to shift towards crypto payments.The agency also noted that some leading suppliers have adopted more professional on-chain fund management methods. Particularly among suppliers with average single deposits exceeding $1,000, the proportion of stablecoins has significantly increased, likely to mitigate the risk of large supply chain orders being affected by crypto market volatility.

Moomoo Partners with Kalshi to Launch Regulated Prediction Market Contracts on Its Platform

Digital trading platform Moomoo has announced a partnership with prediction market operator Kalshi to offer eligible users access to event contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC). Users can trade contracts related to major events such as Federal Reserve interest rate decisions, inflation data, elections, and the 2026 FIFA World Cup directly through the Moomoo platform.Event contracts are exchange-traded derivatives that allow investors to bet on the outcome of specific events. Contract prices range from $0.01 to $1, reflecting the market's expectation of the probability of each event occurring. These products will be integrated into the platform alongside Moomoo's existing offerings of stocks, options, and ETFs. Additionally, Moomoo has recently launched cryptocurrency deposit and withdrawal functionality, as well as the moomoo API Skills service for AI-powered investment tools, continuing to expand its product ecosystem. (CoinDesk)

Coinbase Completes Investment in Ethena by Purchasing ENA on the Open Market; Both Parties to Jointly Launch On-Chain Savings Product

According to The Block, Coinbase Ventures announced its investment in Ethena by purchasing ENA tokens on the public market. The two parties also announced a strategic partnership to jointly expand onchain financial and savings products. According to Guy Young, Ethena’s founder, the integration will go live next week, marking the first time Ethena’s products will be made available to Coinbase’s over 100 million users. Additionally, the collaboration involves Circle’s USDC stablecoin, though specific details of this cooperation have not yet been disclosed.

Binance: Prediction Market Has Integrated Predict.fun's PP Points System

that, according to an official announcement, the Binance Wallet prediction market has officially integrated the Predict Points system, i.e., PP points, provided and operated by Predict.fun. Users can earn PP points by participating in market trading, providing liquidity, holding positions, and engaging in other eligible market activities within the Binance Wallet prediction market.This launch supports the retroactive calculation of historical PP points, with synchronization expected to be completed before 13:00 on June 2, 2026. Eligible historical trading records will be automatically credited. Users can view their personal points via the prediction account in the Binance App or the prediction market assets page in the Binance Wallet.

HSBC: Global Commodities Market Enters a “Super Squeeze”

HSBC released a research report stating that the global commodities market is experiencing a “super squeeze” driven primarily by supply disruptions. It noted that if the Strait of Hormuz were to face a prolonged, substantive closure, global commodity inventories would be depleted at an accelerated pace, with some commodities potentially approaching a price inflection point. The report pointed out that the Middle East conflict has already disrupted aluminum smelting capacity, pushing aluminum prices to a four-year high; copper prices, meanwhile, are mainly supported by a recovery in end-user demand and are nearing USD 14,000 per ton. HSBC also highlighted tightening supply pressures across crude oil, liquefied natural gas (LNG), agricultural products, and industrial metals.

OKX Rebases SPACEX Pre-Market Contract and Renames It to SPCX

Odaily News According to an official announcement, OKX has executed a Rebase (proportional adjustment) on the SPACEXUSDT pre-market contract at 15:10 on June 2 (UTC+8), and simultaneously renamed the contract to SPCXUSDT. This adjustment aims to align the contract parameters from the estimated equity to the actual equity disclosed by SpaceX in its S-1 filing, with an adjustment ratio of 12.52x.It is reported that this Rebase will proportionally adjust user positions and orders, while the position value and account equity will remain unchanged in principle. During the adjustment period, order placement, modification, and cancellation services will be suspended for approximately 5 minutes, and some order types will be canceled and need to be reset. Additionally, following the contract rename, the relevant API identifiers will also be updated simultaneously.

Ripple Expands RLUSD Stablecoin to Turkish Market

According to Cointelegraph, Ripple announced the official launch of its U.S. dollar-pegged stablecoin RLUSD in the Turkish market through partnerships with three local institutions—BiLira, Bitexen, and Bitlo—providing institutional users in Turkey with enterprise-grade U.S. dollar liquidity support.

Robinhood Completes $180 Million Acquisition of Canadian WonderFi, Officially Enters Canadian Crypto Market

According to The Block, Robinhood Markets has completed its $180 million acquisition of Canadian digital asset services firm WonderFi. WonderFi operates Bitbuy and Coinsquare—the two largest regulated crypto platforms in Canada—and existing users will be invited to migrate to the Robinhood app. This acquisition pushes Robinhood’s overseas registered user base past 1 million, adding approximately 300,000 Canadian users. Robinhood stated it will continue supporting WonderFi’s partnerships with local institutions to further expand its institutional business. The deal was initially announced in May 2025 and originally slated for completion in the second half of 2025 but was delayed until now due to technical deployment and regulatory approval requirements.

Strategy’s Bitcoin Sale Sparks $20 Million Prediction Market Controversy on Polymarket

According to The Block, Strategy disclosed in an SEC filing that it sold 32 BTC between May 26 and May 31, generating approximately $2.5 million in proceeds to pay dividends on its preferred stock. This marks the company’s first Bitcoin sale since December 2022. The disclosure sparked controversy in a Polymarket prediction market—valued at over $20 million in trading volume—that had asked whether Strategy would sell Bitcoin before May 31. The dispute centers on whether the sale qualifies: “Yes” proponents argue the sale occurred before the deadline; “No” proponents contend the information was not publicly disclosed before the market closed and therefore should not count. The market has now entered its final review phase. Polymarket added that “results confirmed outside the deadline will not be recognized,” leaning toward the “No” side. If the dispute escalates further, UMA token holders will vote to resolve it—but prior reports indicate UMA voting power is highly concentrated, with over 60% of active voters linked to Polymarket accounts, raising concerns about impartiality.

IBM rises over 11% in pre-market trading; Bitget simultaneously lists 13 stock contracts including IBM and RTX

: Market data shows that IBM's stock price continues to rise, currently up over 11% in pre-market trading. To meet market trading demand, Bitget stock contracts have now listed 13 underlying assets, including IBM (International Business Machines Corporation), RTX (Raytheon Technologies), RCAT (Red Cat Holdings), AXON (Axon Enterprise), and NOW (ServiceNow). These cover popular sectors such as enterprise cloud services, aerospace and defense. The aforementioned contracts support up to 20x leverage.

“New Stock God” Serenity: NBIS Market Cap Reaches $60 Billion, Approaching the Set Target of $100 Billion

"New Stock God" Serenity stated on the X platform that AI infrastructure company Nebius (NASDAQ: NBIS) has continued to show strong performance recently, not only outperforming the broader market but also surpassing the Neocloud concept stock basket composed of IREN, Cipher Mining (CIFR), and others. Serenity also described Nebius's recent market performance as having "anime plot armor," expressing optimism about its sustained upward momentum.After Microsoft's earnings report release last year, Serenity predicted that Nebius's market cap could reach $100 billion following the release of its Q4 results. Currently, Nebius's market cap has risen to approximately $60 billion, steadily approaching this target.

Polymarket New Market: "Will the U.S. Congress Pass an Iran War Powers Resolution Before June 30?"

Odaily Seer Prophecy Channel monitoring indicates a new prediction event on Polymarket: "Will the U.S. House and Senate pass the same resolution by June 30, 2026, aimed at limiting U.S. military action against Iran in recent conflicts?"Since the escalation of U.S. military operations against Iran at the end of February this year, the power struggle between the two parties in Congress over the 1973 War Powers Resolution has experienced multiple failures. Although the Senate advanced a related procedural vote in mid-May, and the House also briefly formed a cross-party majority, the House Republican leadership, on the eve of the recess on May 21, cited "absentee members and insufficient votes" to urgently withdraw and postpone the full floor vote. With lawmakers returning to Washington after the Memorial Day recess in early June, the time window for the two chambers to unify the amendment text and complete final passage is extremely compressed. Coupled with the White House's tough stance, potentially using a veto, the market leans toward the view that the two chambers will not reach a substantial binding resolution before the June 30 deadline.Odaily Seer Prophecy Channel continues to monitor prediction markets, seeing changes before pricing.

Nvidia Selects Unitree as First Humanoid Robot AI Platform Partner

Odaily reports: Nvidia CEO Jensen Huang announced at the GTC conference in Taipei that the company has selected China's Unitree as its first humanoid robot AI platform partner for universities and research institutions. Together, they will launch the Isaac GR00T reference design, accelerating the arrival of the "Physical AI" era.The platform deeply integrates Unitree's H2 humanoid robot (approximately 1.8 meters tall, weighing 68 kg) with Nvidia's Jetson Thor computing platform, Blackwell GPU, Isaac GR00T model, and simulation software. It is also equipped with Singapore-based Sharpa's dexterous hand. The platform is open to top global research institutions, with the first batch including Stanford, ETH Zurich, UCSD, and Ai2. Jensen Huang emphasized that this initiative aims to lower the barrier to entry for humanoid robot development by providing an out-of-the-box, full-stack development environment. He believes that "Physical AI" will be the next wave following generative AI, with a long-term market size potentially reaching tens of trillions of dollars.The upgraded version, the H2 Plus, is expected to be available and open for general sale in October 2026. Notably, Unitree is planning an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board (STAR Market), aiming to raise 4.2 billion yuan. Over 40% of its revenue comes from overseas, highlighting its significant global presence. (Techstartups)

Kraken Plans to Launch CFTC-Regulated Perpetual Futures Within 30 Days, Intensifying Competition in the U.S. Compliant Derivatives Market

According to CoinTelegraph, Kraken announced on May 30 that it plans to launch CFTC-regulated Bitcoin perpetual futures contracts via its subsidiary Bitnomial exchange within the next 30 days, targeting U.S. institutional clients. Earlier the same day, the CFTC formally approved perpetual futures contracts linked to the Bitcoin spot price, with KalshiEX becoming the first exchange to receive approval for listing such products. Meanwhile, Coinbase Financial Markets swiftly followed suit, leveraging Deribit—the world’s largest crypto options exchange, which it acquired in August 2025—to provide U.S. institutional clients with access to global crypto options and perpetual futures markets.

Coinbase Officially Enters the Indian Market, Supporting Direct INR Deposits and Withdrawals

According to Coinbase’s official blog, Coinbase announced on May 31 that it has officially launched services for retail users in India, enabling direct deposits and withdrawals of Indian Rupees (INR) via the IMPS channel—eliminating the need for P2P intermediaries. Indian users can now trade spot and perpetual futures on the platform and access a dedicated INR order book built specifically for the local market. Coinbase stated that it has completed registration with India’s Financial Intelligence Unit (FIU-IND) and complies with Indian tax regulations.