Nasdaq Ventures into Prediction Markets, Plans to Launch S&P 100 Index Binary Options
On March 2, Nasdaq plans to launch an options contract enabling traders to bet on major stock indices via "yes-or-no" propositions—making it the latest exchange operator to enter the fast-growing prediction market.
Per a rule change proposal filed with the U.S. Securities and Exchange Commission (SEC), the exchange intends to list "binary options" tied to its flagship Nasdaq 100 Index and Nasdaq 100 Micro Index.
The filing notes Nasdaq’s contracts will be priced between $0.01 and $1, reflecting market expectations for the likelihood of a given outcome. This marks the exchange’s first entry into mirror prediction market products—dubbed "outcome-related options"—which let traders take binary positions on whether a specific event will occur.
Binary options are simplified options contracts where payouts hinge on a "yes-or-no" proposition. Prediction market firms list contracts tied to sports, politics, and pop culture, but unlike event contracts from Kalshi, Polymarket US, and CME
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After US Military Attack, Iran's Nobitex Crypto Exchange Sees 700% Surge in Funds Outflow
March 2: Elliptic data shows outflows from Iran’s cryptocurrency exchange Nobitex surged 700% within minutes of the U.S.’s first-ever airstrike.
Since January, similar outflows have coincided with new U.S. sanctions and nationwide internet shutdowns amid protests—reflecting how digital assets are increasingly used to bypass Iran’s banking system.
Nobitex processed $7.2 billion in crypto transactions in 2025, with over 11 million users. It’s a key part of Iran’s crypto ecosystem and linked to financial activities tied to the Revolutionary Guard. In January, Elliptic also revealed Iran’s Central Bank used Nobitex to back a sharp rial devaluation.
The sharp outflow spike last Saturday (March 2) may signal capital flight. Nobitex lets users convert rials to crypto and withdraw to external wallets, allowing funds to skirt some global banking system scrutiny when leaving Iran. Preliminary tracking shows recent outflows are heading to overseas crypto exchanges that have historically
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TRM Labs Report: 2025 AI-Driven Crypto Scam Cases Increase by 500% YoY
March 2nd — Blockchain analytics firm TRM Labs’ latest report finds artificial intelligence is deeply reshaping digital financial crime. By 2025, annual illicit cryptocurrency flows could hit $158 billion, with AI-driven fraud cases surging ~500% year-over-year.
The report notes autonomous AI agents can automatically split funds, select cross-chain bridges, and trade on decentralized platforms in seconds—slashing money laundering timeframes and rendering traditional monitoring methods ineffective.
TRM Labs warns AI has not created new criminal motivations, but it has drastically lowered barriers to large-scale evasion. Attackers can launch attacks via malicious prompt injection, data tampering, or key hijacking—even building dedicated agents to evade sanctions. Meanwhile, well-intentioned agents chasing high returns may funnel funds to risky entities, triggering compliance crises.
The report stresses accountability remains a challenge: AI lacks legal personality, shifting resp
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Decentralized Cloud Infrastructure Akash Completes $6.65 Million Financing Round with Avalanche Foundation Among Investors
March 2 — Akave, a decentralized enterprise cloud infrastructure firm, has closed a $6.65 million funding round led by Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, the Avalanche Foundation and the Filecoin Foundation.
Akave’s decentralized cloud storage platform, Akave Cloud, is built on the Avalanche L1 blockchain and targets an S3-compatible decentralized storage solution for AI applications. The platform offers on-chain verifiability, programmable access controls, and no data egress fees. It integrates with tools like Snowflake and Apache Iceberg, plus an option to long-term archive data to the Filecoin network.
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