Binance.US Reportedly Plans CFTC License Bid to Launch Prediction Markets
Binance.US plans to apply for a Commodity Futures Trading Commission license next month to operate prediction markets for US customers. CEO Stephen Gregory announced the timeline at the Rare Evo conference in Las Vegas, though no filing has yet been submitted to the agency.
Read full story →BNB Chain leads all chains in weekly DEX volume at $19B
BNB Chain processed 19 billion dollars in weekly decentralized exchange volume, surpassing all other blockchain networks. This represents the chain's leading position in DEX trading activity during the measured period.
Gumi and SBI launch $18.3M Bitcoin and altcoin fund as Japan warms to institutional crypto
Gumi and SBI launched an $18.3 million fund investing in Bitcoin and altcoins for institutional investors. Japan's institutional crypto adoption is increasing as regulatory frameworks develop toward potential future ETF approvals.
Samsung Profit Jumps 1,800% as AI Chip Demand Powers Record Quarter
Operating profit increased 1,800 percent year-over-year in the second quarter, driven by demand for AI memory chips. Revenue reached record levels as Samsung benefited from heightened need for semiconductor components used in artificial intelligence applications.