DraftKings has launched its proprietary prediction markets exchange, DKeX, after its vertical reached about $3.4 billion in annualized consumer volume. According to NS3.AI, DraftKings said its annualized total trading volume was roughly $11.3 billion as of June 21, with the World Cup driving activity. DraftKings said DKeX uses technology from Railbird Technologies. Railbird holds a CFTC license and was acquired by DraftKings in October 2025.

Rosen Law Firm said it has opened an investigation into Strategy while MSTR traded around $85, and the firm is soliciting shareholders for a potential class action. According to NS3.AI, no complaint has been filed. The report also said STRC closed at $73.62, about 26% below par.

Kish Airport has resumed operations after a four-month suspension, Iranian media reported. According to Jin10, the report cited Iran’s Nour News as the source of the information.

A whale placed a single $56,397 buy on “France” in Polymarket’s “Norway vs. France” prediction market, according to on-chain monitoring data. According to ChainCatcher, the trade was flagged by Catcher Predict as a large fund movement on Polymarket. Based on the latest transaction price, the market’s implied win probability for France was 63%.

Seventeen Democratic US senators are urging Senate appropriators to prevent the Commodity Futures Trading Commission (CFTC) from using federal funds to pursue lawsuits against state-level authorities targeting prediction markets. According to Cointelegraph, the lawmakers argue that the agency’s litigation strategy could undermine state consumer protections and oversight related to gambling-style products. In a Wednesday letter to the chair and ranking member of the Senate Appropriations Subcommittee on Financial Services and General Government, Senator Richard Blumenthal, Senator Jeff Merkley, and 15 other Democrats asked committee leaders to block funding for CFTC Chair Michael Selig’s legal fights with state gaming authorities. The senators criticized what they described as a “campaign of litigation and intimidation,” warning that the CFTC could become an “instrument and enabler” for online prediction markets seeking to bypass state rules, potentially creating a “race-to-the-bottom in gambling.” Selig has defended the agency’s stance that the CFTC has “exclusive jurisdiction” over prediction markets, asserting that event contracts offered on these platforms qualify as “swaps” under the agency’s authority. As of June, the CFTC has been involved in legal disputes tied to prediction markets in Connecticut, Illinois, Arizona, Kentucky, Wisconsin, New York, Minnesota, Rhode Island, and New Mexico. Some companies, including Kalshi and Polymarket, have also filed lawsuits against state authorities while supporting the CFTC’s position. The expanding set of cases has led some experts to expect that one dispute between the CFTC and state gaming regulators could ultimately reach the US Supreme Court. The article notes that in its 2018 ruling in Murphy v. National Collegiate Athletic Association, the Court held that individual states have the authority to regulate sports betting, and a future writ of certiorari in one of the current cases could prompt the justices to revisit questions about the scope of that authority. The debate is unfolding as Selig leads the CFTC as its sole commissioner and chair under U.S. President Donald Trump, and has pledged to pursue state authorities that crack down on prediction markets. While the CFTC’s leadership is typically expected to include a bipartisan group of five commissioners, Trump has not announced any intention of filling the seats as of Friday. The dispute also coincides with an expected US Senate vote on the Digital Asset Market Clarity (CLARITY) Act, which would define separate regulatory roles for the CFTC and the Securities and Exchange Commission over digital assets. Last week, gaming organizations petitioned the Senate to add language barring sports event contracts in the CLARITY Act, arguing the CFTC was not created to regulate such wagers.

The rally tied to Abelardo de la Espriella’s rise to power in Colombia is already fading as investors wait for cabinet announcements and a concrete plan to repair strained public finances before adding to positions, according to Bloomberg.

Polymarket surpassed $1 billion in annualized revenue six weeks after launching its U.S. exchange. According to NS3.AI, Dune Analytics data shows the platform’s U.S. trading volume increased from around $50 million per day in mid-May to more than $200 million on June 20. Polymarket also said it will fully reimburse impacted users after hackers stole approximately $3 million in crypto. The company attributed the theft to a compromised third-party vendor.

Ripple and SBI launched the RLUSD stablecoin in Japan on June 24 following approval from the Japan Financial Services Agency (JFSA), making the token available via SBI VC Trade. According to NS3.AI, the rollout comes as other firms also outline stablecoin-related plans for Japan. Circle and Nomura said they plan to introduce a USDC-based settlement and corporate payment service in Japan as early as 2027. Separately, Bank for International Settlements (BIS) data showed Japan’s foreign exchange market processed $440 billion in daily transactions in 2025.

Li Feifei refuted the claim that "the cost of intelligence is close to zero": Human intelligence integrates multiple dimensions such as perception, space, body and emotion, which is far beyond what large models can replicate.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Micron reported record Q3 results with revenue of $41.456 billion, a gross margin of 84.9%, and net income of $28.24 billion, surpassing Nvidia and Meta.

Consumer AI subscription models are facing a dilemma: token costs continue to rise, but users' willingness to pay is not growing at the same pace.

Saylor said he was just selling 32 bitcoins as a test, but the sky fell; the market simply couldn't withstand the test.

AI-driven inflation in memory chips has transformed from a "supply-side frenzy" into a "demand-side poison."

This marks the first regulatory paradigm shift among major global economies to fully upgrade crypto assets from "means of payment" to "financial products."

Strategy designed the most ingenious cocoon, and then trapped himself.

BitGo Holdings has laid off about 15% of its workforce as the crypto infrastructure company reshapes its business around what it sees as the industry's next major growth areas: artificial intelligence, stablecoins and digital settlement.

OpenAI is reportedly considering delaying its planned IPO until 2027 after deciding to maintain its US$1 trillion valuation target rather than accept a lower market valuation.