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Tuesday, 27/10/2026

CFTC Investigates Whether Polymarket Violated 2022 Agreement Barring US Users

Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Polymarket violated its 2022 agreement with regulators barring U.S. users. The investigation covers Polymarket's controls in the U.S., its advertising campaigns, and customer access and protection measures on the U.S. platform. In 2022, Polymarket settled with the CFTC over offering unregistered event contracts, paying $1.4 million.

Millennium, with about $97 billion in assets, builds tools to use prediction market data as trading signals for traditional assets

Odaily News: Millennium Management, which manages about $97 billion in assets, is developing tools for its portfolio managers to use data from prediction market platforms such as Polymarket and Kalshi as trading signals for traditional asset classes. Some portfolio managers are interested in market data related to geopolitics, the economy, and commodities. People familiar with the matter said Millennium is not yet directly trading prediction market contracts. Millennium, Polymarket, and Kalshi all declined to comment. Previously, market makers such as Susquehanna and Jump Trading entered the prediction market space, and AQR expanded its prediction market quantitative research team this summer.

Myriad administrator wallet was hacked, invalidating 10 prediction markets and automatically refunding

The prediction market platform Myriad announced that due to the administrator wallet being compromised, 10 prediction markets have been voided. According to the official statement, the holders on both sides of the affected markets will receive automatic refunds calculated at the price before the attack, but bonuses already received will be deducted.Myriad is a prediction market platform that allows users to bet on the outcomes of real-world events. After the administrator wallet was compromised, the platform decided to void the related markets and promised automatic refunds to the holders. The refunds will be calculated based on the price before the attack, and bonuses already received will be deducted from the refunds.

Trump: The United States will receive the first batch of 1 million barrels of Venezuelan crude oil

U.S. President Trump stated that the United States will receive the first batch of 1 million barrels of Venezuelan oil, with subsequent supplies reaching billions of barrels. Trump mentioned that by rebuilding relations with Venezuela, the U.S. would not require taxpayers to bear the costs of obtaining this oil, and he anticipated that gasoline and diesel prices would significantly drop.

Cancore raises $7.2 million seed round with participation from Paper Ventures and others

Odaily News: Cancore, a cross-chain trading platform built on the Canton network, has completed a $7.2 million seed round. The round was conducted through a Simple Agreement for Future Tokens (SAFT), corresponding to a fully diluted valuation (FDV) of $60 million for its planned CNRX token.

The round was participated in by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk, with Paper Ventures and dao5 receiving the largest allocations. Wasif Rashid, co-founder and CEO of Cancore, said the company began engaging with investors in June this year, officially launched fundraising in July, and completed the round in mid-September. (The Block)

Cancore completed a $7.2 million seed round financing, with participation from Paper Ventures and others

The cross-chain trading platform Cancore, built on the Canton network, has completed a $7.2 million seed round financing. This round of financing was conducted through a Simple Agreement for Future Tokens (SAFT), corresponding to a fully diluted valuation (FDV) of $60 million for its planned CNRX token.This round of financing was participated in by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk, with Paper Ventures and dao5 receiving the largest shares. Cancore co-founder and CEO Wasif Rashid stated that the company began reaching out to investors in June of this year, officially launched the financing in July, and completed it in mid-September.

Trader Killa: Bullish BTC Strategy Unchanged, Won't Be Swayed by Market Sentiment

Odaily News: Trader Killa posted that he still holds a Bitcoin long position entered at $76,400, his trading plan remains unchanged, and he will not move his stop-loss up to the entry price. Instead, he will continue holding until the target price is reached or the stop-loss is triggered. To capture major market moves, one must patiently endure long consolidation ranges and tedious price fluctuations.

Killa also said that frequently changing trading stances is precisely why many traders lose money; the key is whether market structure and the trading plan have changed. Currently, neither has changed, so he will not panic or waver.

Famous trader Killa: still holds long positions in Bitcoin, with target price and stop-loss plan unchanged

Renowned trader Killa posted that he still holds long positions in Bitcoin established around $76,400, and there are no changes to the current trading plan. To capture significant market movements, one must patiently endure prolonged periods of consolidation and dull price trends. The difference between profitable and losing traders often lies in patience and the ability to stick to a predetermined plan when market sentiment shifts.He will not move the stop-loss level up to the opening price but will continue to hold the position until the target price is reached or the stop-loss is triggered. Traders frequently changing their positions is precisely the reason many fail in trading; the key is whether the market structure has changed and whether the trading plan needs adjustment. Currently, neither of these points has changed, so he will not panic, repeatedly question, or waver, but will continue to execute the original strategy.

USDC Surpasses USDT, Reaches 56% of Euro Stablecoin Trading Volume

Odaily News: Data from crypto market data firm Kaiko shows that USDC now accounts for 56% of euro stablecoin trading volume, up from 10% in January 2024, and has surpassed USDT. The market share shift accelerated after several exchanges in the European Economic Area restricted USDT trading in accordance with the Markets in Crypto-Assets Regulation (MiCA).

USDC has also surpassed USDT in liquidity for euro-denominated trading, with its order book depth about 40% higher. However, USDT remains the larger stablecoin globally, with a circulating supply roughly 2.5 times that of USDC.

About two weeks ago, the European Banking Authority (EBA) designated USDC as the EU's first "significant e-money token" under the MiCA framework and placed it under direct supervision. Kaiko also noted that the U.S. GENIUS Act could drive similar trading shifts on U.S. platforms; Tether has launched USAT, a stablecoin aimed at the U.S. market. (Cointelegraph)

Predict.fun Completes Season 1 Final Snapshot, Launches Season 2 Points Mechanism

Odaily News: BNB Chain ecosystem prediction market Predict.fun officially announced that the final snapshot for Season 1 has been completed. The platform is currently calculating all users' final PP points balances, and Season 2 points rewards have officially launched.

According to the official announcement, Season 2 has adjusted the points allocation mechanism for liquidity providers (LPs). Each market's hourly LP points will be determined by two factors: order duration and actual trading volume. The actual trading reward is a newly added mechanism; orders that generate no trades or have excessively low trading value will not receive this portion of points.

Additionally, Predict.fun stated that it will release more important information eagerly awaited by the community tomorrow, drawing market attention to its token issuance and airdrop progress.

Nvidia and Oracle Expand Partnership, Scaling NVIDIA Vera Rubin Architecture Deployment to Multi-Gigawatt Level

Odaily News: Nvidia and Oracle announced an expansion of their partnership, scaling the deployment of the NVIDIA Vera Rubin architecture to the multi-gigawatt level and bringing the NVIDIA Vera CPU into Oracle Cloud Infrastructure (OCI). In addition, Oracle also announced a partnership with Cerebras in a statement, under which Oracle will use Cerebras equipment in its AI data centers.

NEAR launched Confidential Jio pre-IPO trading contract

NEAR ecosystem announces the launch of the Confidential Jio pre-IPO trading contract, allowing users to participate in the trading of related assets before Jio officially goes public.The contract offers up to 5 times leverage, providing investors with a more flexible risk management tool. According to official statements, this product is expected to transform into an equity perpetual contract after Jio completes its IPO, thereby extending its trading lifecycle.It is important to note that this contract currently does not involve the delivery of actual shares, nor does it provide IPO allocation quotas; its core positioning is focused on price discovery and risk hedging around pre-listing assets.

Spicenet raises $5 million Series A led by dao5

Odaily News: Spicenet announced the completion of a $5 million Series A funding round led by dao5, with participation from Babylon and Astrarizon. Combined with its previously closed $3 million seed round co-led by Hack VC and Magnus Capital, Spicenet's total funding has reached $8 million. The new funds will be used to launch its cross-venue margin product Spice Edge and the SPICE token, as well as to provide initial liquidity for products within its network. Spicenet's cross-chain interaction product Spice Flow has surpassed $160,000 in beta trading volume. Spice Edge is set to launch its beta soon, with Derive as its first partner.

OpenAI Developing Another Unreleased Model with Abilene

Odaily News: Crusoe's CEO revealed that OpenAI is collaborating with Abilene to develop another unreleased model. The new model is designed to solve math problems, and OpenAI's Astra model is being generated using GPUs at Abilene.

Catcher Predict: "Counter-Strike: Astralis vs fnatic" "Match Winner" win rate skyrocketed 17%

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Astralis vs fnatic (BO3) - Stake Ranked Episode 5 Playoffs," the "Match Winner" sub-market's "Astralis" option has experienced significant fluctuations in win rate, soaring from 38.5% an hour ago to the current 55.5% (a fluctuation of 17%). Please note the impact of relevant breaking news.