Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange

Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17, moving Underdog closer to controlling its own contracts rather than relying exclusively on outside exchanges. Underdog moves from distributor to exchange operator Underdog’s newly acquired … Read more

Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector

Nigerian President Bola Tinubu has signed an executive order on virtual assets to address a fragmented regulatory landscape and protect citizens from fraud. Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking down on unregistered operators, the government announced on July 17. The order establishes … Read more

$1.38 Billion in One Month: How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports

According to Econalitica, an economic consulting firm, Binance P2P volumes reached nearly 1.38 billion USDT between June 11 and July 13, a daily average of 44 million USDT. These numbers represent 75% of the national oil exports’ monthly volumes, underscoring the relevance of crypto markets. USDT Trading Hits Record Levels In Venezuela While Venezuela has … Read more

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin fell for a second straight day, dropping 1.4% to trade just under $63,600. It hit a session low of $62,732 early Friday, trimming its market cap and dragging the aggregate crypto market capitalization down 1.8% to $2.26 trillion. Tech Sell-Off and Geopolitical Tensions Weigh on Markets Bitcoin trended lower for a second consecutive day … Read more

Tether’s USDT Is Adding Over 30 Million Wallets Every Quarter, CEO Paolo Ardoino Says

Tether CEO Paolo Ardoino says USDT’s user base is growing by more than 30 million wallets per quarter, extending the stablecoin’s lead as its market capitalization hovers near record levels. Growth That Shows No Signs of Slowing Down Ardoino’s latest growth figure is the newest in a series of adoption statistics the chief executive has … Read more

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