The U.S. Commodity Futures Trading Commission (CFTC) announced a memorandum of understanding with the NBA to jointly maintain the integrity of professional basketball events in prediction markets. According to the agreement, both parties will share information, maintain regular communication on integrity matters, and collaborate to ensure that relevant markets are fair and transparent. CFTC Chairman Michael Selig stated that the NBA, along with MLB and NHL, has taken a responsible step to protect sports integrity and market participants from abuses such as insider trading and fraud, and thanked NBA President Adam Silver for prioritizing the integrity of professional basketball and the U.S. financial markets.The agreement reflects that betting on sports event outcomes is rapidly migrating to CFTC-regulated platforms like Kalshi and Polymarket, where users can trade event contracts based on real-world outcomes. Such memorandums of understanding with regulatory agencies aim to establish channels for marking suspicious activities. Previously, the NHL became the first major league to authorize trademarks for prediction markets, while MLB signed an integrity agreement after collaborating with Polymarket. The NBA's involvement is particularly noteworthy, as the league is still affected by one of the largest betting scandals in recent years: in October 2025, an FBI operation arrested Miami Heat guard Terry Rozier and a coach, accusing them of participating in a gambling scheme to manipulate game outcomes to influence betting.This collaboration comes amid a jurisdictional dispute over prediction markets. The CFTC recently defined event contracts as swaps within its jurisdiction and excluded casino-style gambling; the lawsuit between the NFL and Kalshi has drawn the attention of the Supreme Court, with the NFL to date refusing to sign related agreements, contrasting with its cooperation with the NBA. Bernstein analysts expect that by the end of this decade, prediction markets could generate billions of dollars in revenue, with new participants continuously entering, and Blockchain.com is one of the latest seeking CFTC approval to offer event contracts.
Odaily News: Akash Network has initiated Governance Proposal 346, seeking to migrate the network from the Cosmos sovereign chain akashnet-2 to the Solana mainnet. Voting began at 23:02 Beijing time on Oct. 26 and will end at 23:02 on Nov. 2, with approximately 98.29% of votes currently in favor. According to the proposal, if it passes and the audits of the token and migration portal are completed, AKT is expected to launch on Solana as an SPL token in 2 to 3 weeks, migrating at a 1:1 ratio and retaining the token ticker. The one-way migration portal will be open for 2 years, and staked AKT must be unstaked first, which takes 21 days. The proposal does not set a switchover date; the market migration will require a separate switchover proposal.
According to the official announcement from Akash Network, the decentralized cloud computing network Akash has initiated Governance Proposal No. 346, which plans to migrate the network from its Cosmos sovereign chain akashnet-2 to the Solana mainnet. Voting will start at 23:02 Beijing time on October 26 and will end at 23:02 on November 2, with approximately 98.29% of votes in favor.According to the proposal, if it passes and the token and migration portal audits are completed (expected to take 2 to 3 weeks), AKT will launch on Solana as an SPL token, migrating at a 1:1 ratio while retaining the token symbol. The one-way migration portal will be open for 2 years, and staked AKT must be unstaked (21 days) before migration. The proposal does not set a switch date; market migration will require a separate switch proposal. Akash stated that the choice of Solana is mainly based on factors such as operating costs under load, the absence of a single operator, and the aggregation of the DePIN ecosystem.
Bank of America, Blackstone Group, Citigroup, and Morgan Stanley announced a partnership with Broadcom (AVGO.O) to establish a landmark $63 billion financing structure to support artificial intelligence computing capacity.
Broadcom (AVGO.O) will deliver according to the agreement, expected to start in 2027. The new special purpose vehicle will purchase Broadcom XPU AI accelerators and networking solutions for Anthropic.
Odaily News: Bitcoin News posted on X that Jamie Dimon and JPMorgan, after years of criticizing Bitcoin, now predict a 10% annualized return for Bitcoin over the next decade. The post said that @BackslashBTC explained in a guest article for Bitcoin News' newsletter this week why this prediction may still be too conservative.
According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Karmine Corp vs. Bilibili Gaming - World Championship Group Stage," the "Yes" option win rate for the sub-market "Any Player Pentakill" has experienced a dramatic fluctuation, soaring from 0.5% an hour ago to the current 47.45% (a fluctuation of 46.95%). Please note the impact of related breaking news.
According to market news, DeFi Development Corp has increased its holdings by 5,346 SOL, currently holding 2.595 million SOL, making it the second largest SOL treasury company in the world.
According to Catcher Predict monitoring on-chain data, there is a prediction of significant capital movement in the market Polymarket. A large whale invested $75,270.94 in the event "2026 Golden Globe Award Winner" for "Harry Kane." Based on the current transaction price, the latest corresponding winning probability for this target is 73.99%.
According to The Washington Post, AI cybersecurity startup Cathedral, founded by former members of the U.S. "Department of Government Efficiency" (DOGE), claims that its AI agent breached Anthropic's internal systems in less than 12 hours, obtaining content such as meeting notes, salary and hiring information, and Slack messages. Anthropic confirmed that the intruder accessed parts of its sales, human resources, and IT systems, involving business contact information of clients and partners, as well as some basic user account records, but did not involve Claude user conversations, source code, or model weights.This test was conducted under Anthropic's vulnerability bounty program, with the intrusion achieved through vulnerabilities in third-party commercial software; Anthropic accused Cathedral of not fully disclosing its actions, violating program rules. Cathedral is valued at $1.4 billion and has secured $160 million in funding from a16z, Sequoia Capital, and others.
Odaily News: Polymarket set Luiz Inácio Lula da Silva's win probability at about 20% and Flávio Bolsonaro's at 80% before Brazil's presidential election vote. Lula ultimately defeated Flávio Bolsonaro to win a fourth presidential term.
A Polymarket large trader, FhantomBets, said retail traders were bearish on Lula, which pushed up Bolsonaro's win probability; he said professional traders believed Lula's win probability should have been close to 30% to 40% on election day. CoinShares senior researcher Luke Nolan, however, argued that the outcome should not be simply attributed to differences between professional and retail traders' judgments.
Both Nolan and TxODDS co-founder and CEO Einar Knobel pointed out that Brazil's ban on prediction markets may be an important reason for the pricing deviation. Knobel said most market traders were from outside Brazil, and the market's trading volume was only 4.5% of that of the 2024 US presidential election market; Nolan said an event with a 20% win probability still has about a 20% chance of happening. (Decrypt)
Apple Inc. stated that the Siri artificial intelligence feature is currently unavailable in the European Union and is working with the EU to promote subsequent solutions.
OpenAI has launched GPT-6.1 Terra, focusing on enhancing computer operations, visual understanding, and programming capabilities. Compared to the previous generation, this model's operational speed has increased by over 3 times, and the API price has been reduced by 50%.The error rate in low inference mode has dropped from 53.6% to 16.7%, while the maximum inference mode error rate has decreased to 4.3%. In programming tests, the maximum inference mode score has risen from 21.5% to 50.3%.
Odaily News: Bitcoin software wallet Electrum released version 4.8.3 on Oct. 24, fixing a high-severity vulnerability. Malicious servers could exploit the flaw to tamper with unconfirmed transactions and redirect user funds to attacker addresses; the vulnerability affects all versions prior to 4.8.3.
Attackers could intercept payments users broadcast through a compromised server and inject fake conflicting transactions showing zero fees. If users increased the fee on a transaction that appeared stuck, the newly signed and broadcast transaction could send funds to the attacker's address. At least one user reported losing funds this way on Oct. 18.
The patch verifies signatures on the wallet's own inputs before adding unconfirmed transactions to the local record; transactions from external senders whose inputs do not belong to the user's wallet are still not signature-verified. Electrum developer SomberNight said closing this gap will require additional work. (Decrypt)
Monitoring shows that in the predict.fun prediction event "League of Legends Worlds S16 Swiss Stage: BLG vs KC," BLG's probability of defeating KC is currently at 71%.
At 2 a.m. today, the third round of the 2026 League of Legends World Championship Swiss Stage will feature BLG versus KC in a best-of-one match. Both teams currently hold a 1-1 record.
In the previous two rounds, BLG suffered an upset loss to European team MKOI in their opener, then defeated North American team TL to claim their first Worlds win; KC beat LPL first seed AL in the first round, then lost to North American team LYON, also sitting at 1-1.
PPP prediction market tool monitoring shows that in the "League of Legends S16 World Championship Swiss Stage Round 3 T1 vs. CFO" prediction event, an account with a weekly profit of $1.37 million
(0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) bought $195,000 on T1 to beat CFO, with an average entry price of 86.5¢ and 226,173.3 shares purchased.
The League of Legends S16 World Championship is currently in the Swiss Stage Round 3, with every match being a BO1.
Join the PPP signal push community to stay one step ahead and seize the initiative.
