News linked to both this project and an event.
Odaily Odaily Planet Daily reports that prediction market platforms Polymarket and Kalshi have announced plans to accelerate the deployment of anti-fraud measures during the World Cup to combat potential fraudulent groups, while continuing to expand the coverage of tradable events.According to reports, both companies are introducing more real-world events into prediction markets to enhance user engagement and market liquidity. As transaction volumes continue to grow, related fraudulent activities have also increased. It is reported that Kalshi's annualized revenue reached approximately $1.5 billion in May of this year. (The Information)
Odaily Planet Daily reported that according to official sources, the first edition of the OKX Flash Earn Lite event will be launched for MON (Monad) from June 16, 2026, 15:00 to June 20, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, OKB, or MON will share a reward pool of 9,500,000 MON.It is reported that Flash Earn Lite is a lightweight version of the OKX Flash Earn product, featuring a more streamlined prize pool and subscription pool design. By participating in the subscription, users can not only earn yields on the base assets but also receive additional token airdrop rewards.
Odaily Planet Daily reported that renowned startup accelerator Y Combinator stated that in the future, all of its portfolio companies may utilize crypto technology, particularly infrastructure like stablecoins, and this will not be limited to crypto or fintech startups.YC has previously invested in early-stage companies such as Airbnb, DoorDash, Coinbase, Stripe, Reddit, OpenAI, and Kalshi. Its latest statement primarily urges the U.S. Congress to pass the crypto market structure bill, the "Clarity Act."YC believes that for the crypto industry to enter a new phase, it must achieve deeper integration with traditional financial institutions such as banks and brokerages. The Clarity Act is expected to provide the regulatory foundation for this integration. The bill aims to clarify whether digital assets are securities or commodities, establish a registration pathway with the CFTC, and stipulate that customer assets belong to the customers in the event of bankruptcy.However, the prospects for the bill remain uncertain. Supporters argue that it has a bipartisan foundation, while opponents point out limited support from Democrats, the approaching midterm elections, and ethical controversies arising from Trump's direct association with the crypto industry. These factors could all increase legislative resistance.
Odaily Odaily Planet Daily: Institutional-grade digital asset data and software provider Lukka has announced the acquisition of data traceability and compliance platform PEER DATA. The specific acquisition amount has not been disclosed yet. Upon completion of the transaction, both parties will provide financial institutions with a control layer covering digital assets and broader data assets, offering unified support for pricing, classification, provenance proof, licensing, and governance. This will continuously expand to scenarios such as on-chain assets and AI data consumption. (PRNewswire)
Odaily Planet Daily reported that, according to official sources, OKX's "Flash Earn" product will list PROS (Pharos) from 15:00 on June 5, 2026, to 15:00 on June 11, 2026 (UTC+8). During the event, users can participate by staking OKB, BTC, OKSOL, ETH, or PROS to share a total of 1,800,000 PROS airdrop rewards. This event supports multiple cryptocurrencies for participation. Users can access the event page via the OKX app by navigating to the top-left corner — Earn & Rewards — Flash Earn.Additionally, starting from July 2026, OKX will upgrade the Flash Earn user tier system. User tiers will be determined by either 30-day average daily net assets or 30-day trading volume, in order to offer subscription quotas that better align with users' platform activity levels.
Odaily Planet Daily reports that the UK's Financial Conduct Authority (FCA) has sent letters to football clubs, including those in the Premier League, warning that sponsorship deals with unauthorized crypto firms and trading platforms may violate financial services laws and pose risks to fans. Fiona Mackinnon-Miller, Head of Department at the FCA, stated that there has been an increase in clubs partnering with unauthorized firms, some of which appear to be operating illegally.Lucy Castledine, Director of Consumer Investments at the FCA, pointed out that these firms may be breaking UK law by offering services without the proper licenses. Sports Minister Stephanie Peacock voiced support for the FCA's actions. Additionally, the FCA stated that it is coordinating with the government, the Premier League, and the new independent football regulator to address unauthorized financial services marketing in professional football. (decrypt)
Odaily Planet Daily reported that, according to Lookonchain, as the crypto market continues to decline, Tom Lee-backed Ethereum reserve company Bitmine's unrealized book losses have exceeded those of Strategy's Bitcoin holdings.Data shows that Bitmine currently holds 5,416,901 ETH, worth approximately $10.03 billion at current market prices, incurring unrealized losses of about $8.9 billion from the average purchase cost.Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, currently valued at approximately $56.26 billion, with book unrealized losses of about $7.6 billion.
According to Odaily Planet Daily, on June 2, driven alternately by the AI frenzy and the energy sector, the three major US stock indices collectively closed at record highs. Among them, Nvidia's announcement of the RTX Spark PC super chip directly stimulated a surge in its stock price. According to Gate platform data, Nvidia (NVDAXUSDT) is currently trading at $226.34, up 4.92% in 24 hours; additionally, Micron (MUUSDT) is currently trading at $1,034.02, up 2.75%. According to Coinglass data, Gate's NVDAX 24-hour trading volume reached $7,922,100, an increase of 153.12%; Gate's MU 24-hour trading volume reached $14,018,500, an increase of 179.45%, both ranking among the top in the market.Gate Stock supports users in trading over 10,000 US mainstream market stocks and ETFs using USDT, covering major US securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS. It also supports fractional share trading with a minimum purchase of 0.01 shares, providing users with more comprehensive global securities asset allocation options. With the official launch of its stock trading service, Gate further connects digital assets with traditional financial markets on a unified trading platform.
Odaily Odaily Planet Daily reports that U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael S. Selig announced the appointment of Dr. Patrick J. Schorno as the agency's Chief Economist. In this role, he will provide economic advisory support to the Commission and integrate regulatory cost-benefit analysis and related research work. It is reported that this appointment aims to strengthen economic analysis capabilities for the U.S. derivatives market, enhance the transparency and scientific rigor of regulatory policies, and support ongoing regulatory coordination efforts with the U.S. Securities and Exchange Commission (SEC).Dr. Schorno previously served as Deputy Chief Economist at the Public Company Accounting Oversight Board (PCAOB), held the position of Executive Director at Ally Financial, and worked as a Financial Economist at the Federal Reserve Bank of Richmond. His research has been published in journals such as the Journal of Banking & Finance, the Journal of Financial Intermediation, and the Journal of Corporate Finance.The CFTC stated that this appointment will further enhance its economic analysis capabilities in the formulation of financial regulatory policies.
According to Odaily Planet Daily, Megan Greene, a member of the Bank of England's Monetary Policy Committee (MPC), stated on Sunday that the hype around stablecoins may soon dissipate, to be replaced by tokenized deposits—digital versions of traditional bank deposits.Stablecoins, a type of crypto asset designed to maintain a stable value, have grown in popularity in recent years. Although issuance has leveled off in recent months, some still anticipate further growth for stablecoins."I think it's very likely that tokenized deposits will replace stablecoins, and in five years, we might wonder why we were even talking about stablecoins," Greene said at a conference in Dubrovnik, Croatia. She believes that central bank digital currencies (CBDCs), stablecoins, and digital deposits all have their respective markets, but once commercial banks realize they risk losing traditional deposits if they don't act, digital deposits could ultimately emerge as the winner. (Sina Finance)
Odaily Planet Daily reported that 10x Research posted on X platform, stating that amid Bitcoin's downturn, the mining and AI infrastructure sectors have surged significantly. KEEL rose 30%, CIFR rose 29%, IREN rose 29%, WULF rose 24%, and HUT rose 22%, primarily driven by large-scale hyperscale data center deals, campus acquisitions, and new institutional support.This week's catalysts include IREN's $1.6 billion purchase of Dell Blackwell systems, TeraWulf's acquisition of a 1 GW Kentucky campus, and Hut 8's signing of a $9.8 billion Texas lease agreement. These events indicate that the transition of Bitcoin mining companies towards AI infrastructure is accelerating.
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Block has launched stablecoin integration on CashApp.
Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Senator Lummis said that if the Clarity Act is not passed during this Congress, US software developers will again become targets of lawsuits in the near future simply for releasing code. That's what's at stake.
Odaily Planet Daily reported that Bitget’s Chinese lead, Xie Jiayin, stated that in Q3 of last year, Bitget took the lead in entering UEX, capturing up to 90% of the U.S. stock token market share. However, the experience with liquidity, dividends, and stock splits was poor. Bitget’s self-developed U.S. stock product, Reality, aims to solve these industry pain points:Direct Broker Liquidity: It operates exactly like trading on Futu, with no spreads and strong liquidity;Dividend Distribution: Dividends are paid directly to your account, identical to holding stocks on Futu;Maximizing Capital Utilization: Bitget’s U.S. stock tokens can be used as margin, participate in strategy trading, and support lending and wealth management.Additionally, rToken will be listed on Bitget in early June.
Odaily Planet Daily reports that BIT's chart of the day indicates that the key to market analysis often lies in identifying the core factors driving asset price movements and observing when these factors begin to change.For Bitcoin, the sustained upward trend over the past period has largely depended on the shifting dynamic between institutional demand and market supply. Over the past year, spot Bitcoin ETFs and Strategy (formerly MicroStrategy) have been important sources of this demand.When ETF inflows accelerate and Strategy continues to increase its Bitcoin holdings, Bitcoin prices typically rise. Currently, the combined net purchases of ETFs and Strategy have fallen to just $870 million, primarily due to significant capital outflows from ETFs, which have shifted from net buying to net selling.Until ETF inflows stabilize and recover, Bitcoin may continue to oscillate and consolidate in the short term.
OdailyOdaily Planet Daily News Paradigm officially announced the open-sourcing of Centaur, a multi-user collaborative, secure, self-hosted AI Agent Runtime co-developed by Paradigm and Tempo.Paradigm stated that since January of this year, the fund has been using Centaur internally, and it has completely changed the team's working methods, covering various task scenarios such as investment, engineering, design, recruitment, events, and customer service.Centaur can be understood as a "shared Agent" that can call tools, run continuously for hours or even days, continue working after system restarts, and use real credentials to complete operations without ever touching raw secrets. Users can interact with it via Slack or call it through an API.
Odaily Planet Daily reported that Pump.fun will launch a new token USDC pairing feature on May 21, and existing SOL-based pairings will not be affected by this change. Since its launch in January 2024, it is estimated that at least 5.07 million SOL has been locked in liquidity pools, valued at $430 million.According to on-chain data, over $382 million has been allocated for PUMP buybacks, removing 37.9% of the circulating supply from the market and offsetting 13.4% of the total supply. (solanafloor)
Odaily Planet Daily reported that Iran has launched a state-backed digital marine insurance platform, Hormuz Safe, which provides maritime insurance for vessels transiting the Persian Gulf and the Strait of Hormuz, settled in Bitcoin and other cryptocurrencies. The Iranian government believes that if the platform captures a significant share of the Persian Gulf shipping insurance market, it could generate over $10 billion in revenue. Hormuz Safe aims to bypass the SWIFT network and Western intermediaries, reducing reliance on traditional financial infrastructure. The platform faces challenges related to international recognition, and ship owners, trading companies, or port authorities interacting with it may risk triggering secondary sanctions. (Cryptobriefing)
Odaily Odaily Planet Daily reports that Bitget recently released its "2026 User Asset Allocation Report," based on platform trading data and a survey of over 6,000 global users, revealing a trend among investors moving from crypto assets towards cross-asset allocation. Q1 data indicates that crypto assets remain the primary trading category, with 86% of surveyed users holding them. At the beginning of January, crypto trading accounted for nearly 100% of activity, gradually declining to stabilize in the 60%-80% range by March. During the same period, trading in traditional assets, led by gold, rapidly rose to account for 20%-40% of total trading volume.Looking at portfolio composition, 52% of users hold both stocks and cryptocurrencies, 35% hold gold and other precious metals, and commodities have become the highest-penetration category among non-crypto assets. High-net-worth individuals are more proactive in diversification: Bitget users had an average annualized return of 13% in 2025, with approximately 6% of VIP users achieving annualized returns between 51% and 100%. A significant 74% of high-net-worth respondents plan to allocate across crypto, stocks, and commodities in 2026 to actively manage risk.AI tools are increasingly being integrated into core trading activities. 51% of surveyed users report already using AI to assist investment decisions. Bitget's products, including GetAgent, GetClaw, and Agent Hub, are widely utilized for analyzing financial reports, commodity trends, macroeconomic events, and on-chain signals.User demand for the Universal Exchange (UEX) model has been further clarified in the survey: 71% of users consider USDT settlement the most important platform feature, while 65% prioritize the ability to quickly switch between crypto, stocks, forex, and commodities within a single account. User descriptions of the ideal platform converge on the integrated combination of global asset access, stablecoin settlement, centralized liquidity, proof of reserves, and AI-powered decision-making tools.
Odaily Planet Daily reported, according to the official announcement, that Upbit will list UP2 in KRW, BTC, and USDT trading pairs.