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Kalshi Market Prediction Faces Class Action Lawsuit Over Iran-Related Contract Settlement Dispute

2 days ago

March 8 — Prediction market Kalshi is facing a class-action lawsuit over settlement issues tied to Iran war-linked prediction contracts, *The Information* reported. Plaintiffs allege the platform failed to pay appropriate bonuses to users holding relevant contracts, with the dispute centering primarily on the "Will Khamenei step down" event contract. Previously, Kalshi CEO Tarek Mansour publicly condemned profiting from individual deaths and stated fees tied to this event contract market would be refunded. The dispute arrives amid a surge in geopolitical prediction market trading volume — which at one point drew a large number of users — and has sparked ethical and regulatory debates over whether trading in war or individual death-related events should be permitted.
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Nasdaq Partners with Stuttgart Stock Exchange's Tokenization Platform Seturion

**March 10th** Nasdaq announced it is partnering with Stuttgart Stock Exchange Group’s tokenization and settlement platform Seturion, focusing on structured products to speed up settlement of tokenized assets in European capital markets. Seturion operates on a public-private distributed ledger network, supporting multiple asset classes and enabling transaction settlement using central bank money or on-chain cash. The Stuttgart Stock Exchange noted Seturion will open to a broader network of European financial institutions. Over time, participation will expand to include more issuers, brokers, and financial firms—cutting settlement times and operational complexities in the European market.

3 minutes ago

Bithumb will delist NOM on April 13th.

On March 10, Bithumb—South Korea’s second-largest cryptocurrency exchange—announced it will end support for NOM trading. The platform noted that following a thorough review, the explanatory materials submitted by the NOM Foundation lack the necessary details to lift its transaction warning and fail to meet the criteria for continued trading support.

3 minutes ago

JELLYJELLY experiencing extreme spot/futures price difference, funding rate reaches extremely negative value

**March 10 —** Per HTX market data, JELLYJELLY’s perpetual contract mark price ($0.067) has a wide discrepancy from its on-chain spot price ($0.092), with a roughly 28% spread. Funding rates on major JELLYJELLY contract platforms have hit an extreme negative level, currently -2% every 4 hours. JELLYJELLY’s on-chain market cap stands at $93 million. Coinglass data shows total open interest across all exchanges has surged to $39.2 million. Analyst Ai Auntie (@ai_9684xtpa) noted JELLYJELLY’s total open interest spiked sharply around 1 p.m., suggesting a potential repeat of past price manipulation.

3 minutes ago

Hong Kong Stock Tencent Holdings' Afternoon Gain Expands to 7.66%, Launch of WorkBuddy Highly Praised by International Investment Banks

On March 10, Bitget market data shows Hong Kong-listed shares of Tencent Holdings (HK.0700) surged 7.66% in afternoon trading to HK$555.5, marking a notable rebound from a recent low of HK$498.8 and pushing its current market capitalization to HK$5.05 trillion. Over the past six months, Tencent’s stock has dropped sharply from its autumn 2023 peak of HK$683. The market had previously viewed the company as lagging rivals like Alibaba and ByteDance in the AI race. But after accelerating its AI Agent rollout in recent days, market expectations for Tencent have improved significantly. Tencent has launched WorkBuddy (now officially available), while QClaw remains in internal testing. It has also rolled out channel access capabilities for Enterprise WeChat and QQ. WorkBuddy is compatible with the OpenClaw skill framework and supports the MCP protocol, earning high praise from international investment banks.

3 minutes ago

Japanese and South Korean Stock Indices Soar

On March 10th, per Bitget market data, the Nikkei 225 Index rose 2.88% (adding 1519.67 points) to close at 54248.39. South Korea’s KOSPI Index jumped 5.34% (gaining 280.7 points) to finish at 5532.57.

3 minutes ago

Trump has started looking for a "successor," frequently inquiring with advisors and allies about the strengths and weaknesses of Pence and Rubio

March 10 — Less than 24 hours after the U.S. began bombing Iran, former President Trump (note: context assumes a hypothetical scenario) held a meeting with more than 20 donors at his Mar-a-Lago estate. As attendees dined, Trump asked the group: “What do you think of Pence and Rubio?” Sources present reported Rubio received more enthusiastic applause. With over two years remaining until the 2028 election, Trump is already deeply focused on it, actively searching for a successor to his MAGA movement. For months, he has privately quizzed his advisors, donors and allies on the political strengths and weaknesses of his vice president and secretary of state. Both young, ambitious Republicans, the two have been unwittingly drawn into a political competition. Analysts note the upcoming midterm elections will heavily shape Pence’s political future. Pence currently plays a key role in the GOP’s midterm strategy, fundraising for the Republican National Committee and campaigning for candidat

3 minutes ago