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According to CoinDesk, Wall Street broker Bernstein pointed out in a recent report that the rapid integration of the market technology stack is increasing the likelihood of a new round of mergers and acquisitions in the field of sports event contracts and financial markets.The report states that in the past eight months, major prediction platforms have been developing towards simultaneously controlling customer distribution and exchange infrastructure. Although Kalshi and Polymarket have core technology stacks, their distribution capabilities are relatively lagging, making them potential acquisition targets.Recent actions include DraftKings acquiring Railbird to launch DKeX, Robinhood collaborating with Susquehanna to create Rothera, and Coinbase acquiring The Clearing Company. Bernstein believes that Robinhood and Coinbase are currently in a relatively advantageous position in the competitive landscape, as both have large consumer user bases and fully owned regulated infrastructures, while Kalshi and Polymarket are viewed as potential acquisition targets due to their lack of large-scale distribution capabilities.

According to on-chain analyst Yu Jin's monitoring, the Ethereum treasury company Sharplink, which has not purchased ETH for 8 months, has resumed accumulation today, receiving 5,000 ETH (7.85 million USD) from FalconX 6 hours ago. It currently holds 876,000 ETH (1.37 billion USD), with an average cost of 3,609 USD, resulting in an unrealized loss of 1.789 billion USD (-56%).

According to Axios, the sports prediction market Onyx Odds has completed a $20 million financing round, led by Payward, the parent company of Kraken, with a post-financing valuation of $220 million.The company's CEO Leul Dadi stated that they are planning to expand into other trading products.

OKX will launch the NES/USDT spot trading for Nesa (NES) on June 24 at 21:00. Users can start depositing at 17:00, the gathering auction time is from 20:00 to 21:00, and the withdrawal time is at 23:00.

Fortitude Mining Holdings and HeartSciences today announced that they have signed a definitive merger agreement to complete a business combination through an all-stock transaction.It is reported that Fortitude Mining Holdings is a vertically integrated digital asset mining platform focused on Zcash mining.The transaction is expected to be completed in the second half of 2026. Upon completion of the transaction, the merged company will continue to use the Fortitude brand and will be operated by the existing management team of Fortitude, including Fortitude CEO Andrea Childs. The new company plans to list on the NASDAQ capital market, with the stock ticker expected to be "TUDE," but it still requires NASDAQ approval.

The cryptocurrency trading platform SuperEx has now launched Re (RE) in the innovation zone and opened the RE/USDT spot trading pair. Currently, its deposit, trading, and withdrawal channels have all been activated.In addition, RE has now been included in the platform's support range for all currency contract margins. It is reported that Re belongs to the Real World Asset (RWA) sector, positioned as the capital layer of RWA, aiming to connect global on-chain capital with the reinsurance market, which has a scale of $1 trillion.

UPBIT will launch trading for Arcium (ARX) on June 23 at 14:00, supporting KRW, BTC, and USDT markets. Users can make deposits within 2 hours after the announcement is released. For specific trading information, please pay attention to subsequent announcements.

According to the network status monitoring website DownDetector, user reports indicate that there are issues with the use of X.

According to an analysis by Tommy, there is a significant gap in valuation and revenue conversion for Chinese open-source AI companies, with their price-to-sales ratio (P/S) far exceeding that of leading counterparts in the United States.Data shows that Zhipu, which developed the GLM 5.2 model, currently has a market value of approximately $137 billion, but its revenue for the fiscal year 2025 is about $107 million, resulting in a price-to-sales ratio as high as 1280 times; MiniMax has a market value of about $23 billion, with a price-to-sales ratio of approximately 290 times. In contrast, the valuations of leading AI laboratories in the United States are more solid, with OpenAI (valued at about $852 billion) and Anthropic (valued at about $965 billion) having price-to-sales ratios of only 34 times and 21 times, respectively.It is believed that due to overseas users' concerns about data privacy, they are unwilling to send data directly to China, resulting in the massive demand for Chinese AI companies not being converted into actual API revenue, leading to significant profit loss to overseas third-party inference service providers (such as OpenRouter, etc.). To support their current high valuations, Chinese AI companies urgently need to prove their data non-retention mechanisms and capture the market at low prices, or explore revenue-sharing and initial licensing collaborations with overseas inference platforms to expand their actual revenue scale.

According to monitoring by Catcher Predict, in the event "Valorant: Paper Rex vs Leviatán Esports - VCT Masters London Playoffs" on the prediction market Polymarket, the "Paper Rex" option in the sub-market "Map 4 Winner" has experienced a drastic fluctuation in win rate, plummeting from 55.5% an hour ago to the current 11% (a fluctuation of 44.5%). Please note the impact of related breaking news.

In response to recent community doubts about the Ethereum Foundation and the potential for a funding crisis, Grayscale Research Director Zach Pandl posted on the X platform, stating that in the long run, the current institutional adjustments being made by the Ethereum Foundation are positive for Ethereum for two main reasons: first, more development work will be transferred to commercial organizations, which can reduce the development responsibilities borne by the Foundation and may encourage more work to be driven by commercial entities, thereby improving the overall efficiency of the ecosystem; second, the structural adjustments help maintain Ethereum's core principles as a digital currency infrastructure, and a Foundation with clearer responsibilities and a more focused scope may be more beneficial in ensuring that Ethereum continues to adhere to the "CROPS" principles necessary for building a sound digital currency.If the Ethereum Foundation reduces its direct involvement in ecosystem development in the future and focuses on maintaining Ethereum's long-term core goals, it may help strengthen ETH's positioning as a decentralized digital asset infrastructure.

UPBIT will launch trading for Re (RE) on June 19 at 21:00, supporting KRW, BTC, and USDT markets. Users can make deposits within 2 hours after the announcement is released, and trading support will begin at the above time.

OKX will launch the ZAMA (Zama) Flash Earn Lite event on June 23 at 15:00. Users can participate by subscribing to OKB, ETH, or ZAMA to share a reward of 6,250,000 ZAMA. The event runs from June 23 at 15:00 to June 27 at 15:00 (UTC+8), and users must complete identity verification to participate.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: KT Rolster Challengers vs Nongshim Esports Academy - Asian Masters Playoffs," the "Yes" option win rate for the sub-market "Both teams kill a dragon" has experienced a dramatic fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Nongshim Esports Academy vs T1 Academy Asian Masters Playoffs," the "Odd" option in the sub-market "Odd/Even Total Kills" has experienced a dramatic fluctuation in win rate, soaring from 49.5% an hour ago to the current 90% (a fluctuation of 40.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Valorant: Team Vitality vs FUT Esports - VCT Masters London Playoffs," the "Map 3 Total Rounds: Over/Under 22.5" sub-market's "Over" option win rate has experienced a sharp fluctuation, dropping from 70.5% an hour ago to the current 50% (a fluctuation of 20.5%). Please note the impact of related breaking news.

The World Cup group stage continues today, with several matches producing results that were unexpected in the pre-match market. Spain drew 0-0 with Cape Verde, Belgium drew 1-1 with Egypt, Uruguay drew 1-1 with Saudi Arabia, and Iran drew 2-2 with New Zealand. Many teams that were considered likely to win before the matches failed to secure victories, leading to significant fluctuations in the related prediction markets.Base's native leveraged prediction market OmenX indicates that as the World Cup schedule enters a dense phase, sports prediction markets are no longer just one-way bets on popular outcomes; in-match fluctuations, upset results, and position management are becoming important scenarios for user trading. For users who already hold high-probability positions on platforms like Polymarket, OmenX's leveraged prediction market can be used to open similar or opposite positions with smaller amounts of capital, allowing for hedging and risk management as uncertainty in the events rises.OmenX data shows that in the past 24 hours, the trading volume in World Cup-related prediction markets approached $8 million, with single match outcomes, championship titles, and popular team-related markets being the main trading directions. As several popular outcomes failed to materialize, the demand for trading around position protection, in-match adjustments, and result repricing continues to rise.

UPBIT will launch trading for SPX6900 (SPX) on June 16 at 14:00, supporting KRW, BTC, and USDT markets. Users can start making deposits within 2 hours after the announcement is released. Please pay attention to subsequent announcements for specific trading support times.

According to CryptoSlate, the U.S. Congress is pushing to rebuild the Department of Justice's cryptocurrency crime task force. Previously, the Department of Justice disbanded the National Cryptocurrency Enforcement Team in April 2025 and stopped its "law enforcement as regulation" strategy targeting the cryptocurrency industry. The new bill was proposed by Representatives Lance Gooden and Josh Gottheimer, aiming to establish a federal cryptocurrency theft task force within the Department of Justice, responsible for coordinating investigations and prosecutions of cases involving cryptocurrency theft, hacking, fraud, and more.The task force's responsibilities include developing best practices for evidence collection, digital evidence analysis, asset tracking, and victim outreach, providing technical assistance and training to state and local law enforcement agencies, and coordinating international cross-border case cooperation. The bill explicitly excludes the cryptocurrency market, financial institutions, and financial products from the task force's regulatory scope, without changing the existing regulatory framework and criminal law. An FBI report indicates that in 2025, there were 181,565 complaints involving cryptocurrency, with reported losses exceeding $11 billion. The bill has not yet clarified details regarding funding, staffing, and victim response mechanisms.