News linked to both this project and an event.
According to Digital Asset, the Korea Exchange (KRX) announced revisions to listing rules, stipulating that if technology special listing companies change their main business purpose within 5 years after listing, they will be included in the scope of substantive delisting review. This move primarily targets cases where some biotechnology and other enterprises, after listing on KOSDAQ via technology special exemption, transform their main business into digital asset investment or virtual asset treasury (Crypto Treasury). KRX clearly pointed out that such changes indicate that the original technological capability and growth potential are no longer valid, necessitating a delisting review. In addition, special listing companies must mandatorily disclose corporate value enhancement plans during the listing exemption period to protect investors' right to know. This revision also covers the expansion of quality inspection standards for innovative enterprises, the establishment of a disclosure system for low PBR companies, and the improvement of systems related to multiple voting rights stocks.
Dario Amodei, CEO of Anthropic, told lawmakers during a U.S. congressional hearing that the development of open-source artificial intelligence is entering a "very dangerous path." Once AI models with strong capabilities are released as open source, developers will lose effective oversight over how the models are used, including the ability to monitor misuse, revoke access permissions, or dynamically update security safeguards, thereby significantly increasing potential risks. Dario Amodei emphasized that, compared to closed-model systems, fully open models are more difficult to implement ongoing security governance controls, which could lead to irreversible risks of abuse. (BitcoinNews)
CJ Hetherington, co-founder and CEO of prediction market platform Limitless Labs, stated that he does not believe the prediction market industry will see a single dominant monopoly player. He draws a parallel to the offshore perpetual contract market, where even leading platforms have never long-term held over 90% market share. Core trading volume in the derivatives market comes from market makers and high-frequency traders, who typically operate across multiple platforms to exploit spreads for arbitrage, structurally limiting market concentration.CJ Hetherington cited Binance’s perpetual contracts as an example, noting that its market share once approached 50% but was gradually diverted by other trading platforms, leading to a multi-platform coexistence pattern. He argues that prediction markets will follow a similar path rather than a "winner-takes-all" outcome.Hetherington pointed out that future industry distribution will primarily be conducted through brokers and futures commission merchants, with institutions like Robinhood, Interactive Brokers, and Charles Schwab competing in distribution. Fees and marketing will become the core of consumer-side competition. However, the U.S. regulatory framework is an "advantage rather than an obstacle" for the prediction market industry, as CFTC oversight helps reduce contract disputes, enhance transparency, and is also more suitable for institutional participation. (The Block)
the crypto market hopes to shake off months of geopolitical pressure this week. Following a temporary peace agreement between the US and Iran, Bitcoin rose to near $66,000 on Monday, up about 3.5% from Friday. Crypto-related stocks such as Strategy (MSTR) and Galaxy Digital (GLXY) also advanced in pre-market trading.However, the market remains cautious, as past ceasefire agreements have often collapsed. The April truce failed to hold, and last month's US military action broke another round of peace talks, which also dragged down crypto asset prices at the time.This week, the spotlight will shift to the Federal Reserve's interest rate decision. On Wednesday, Fed Chair Kevin Warsh will preside over the first rate-setting meeting, with the market widely expecting the Fed to hold rates steady in the 3.50%-3.75% range.Analysts point out that the release of the new “dot plot” (showing Fed officials' interest rate expectations) and the shortened trading day due to the Juneteenth holiday on Friday could reduce market liquidity. This week's economic data and Fed policy guidance will determine whether the crypto market can sustain a rebound on the back of easing geopolitical risks. (CoinDesk)
Nick Timiraos, known as the "Fed Mouthpiece," wrote in The Wall Street Journal that the discussion within the Federal Reserve regarding the interest rate path has undergone a noticeable shift. The focus is no longer primarily on when to restart rate cuts but has begun to consider under what conditions rate hikes might be necessary again. Since the Fed began releasing policy statements in 1994, disagreements over how to describe the policy direction—rather than actual rate changes—have been rare.Three regional Fed presidents, including Dallas Fed President Lorie Logan and Minneapolis Fed President Neel Kashkari, opposed retaining the wording "the next move is more likely a rate cut" at this week’s policy meeting, arguing that the next rate adjustment could be either a hike or a cut. Outgoing Fed Chair Jerome Powell stated that the committee is gradually shifting from a "rate-cut bias" to a "neutral stance" and noted that if rate hikes become necessary in the future, the Fed would first move to a neutral position before signaling increases. (WSJ)
According to Crypto in America, Chris Giancarlo—former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) and widely known in the industry as “Crypto Dad”—has officially stepped down from his role as Senior Advisor at Willkie Farr & Gallagher LLP at the end of April. He is now shifting his focus to digital asset strategic consulting, private investments, and public policy research. Giancarlo spent six years at the law firm, where he spearheaded the development of its cryptocurrency legal practice. Additionally, his new book, *CryptoDad’s New Adventure: The Path to Financial Freedom in the 21st Century*, is scheduled for publication this October, chronicling the evolution of the crypto industry from the 2024 U.S. presidential election through the potential second Trump administration.