New York City Council opens probe into prediction market platforms

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The NYC Council has opened a probe into prediction market platforms over alleged "false, deceptive, or abusive marketing tactics."…

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WIRED•

Why This Prediction Market Banned Teens

Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn’t like those other markets. You know the ones.

Brief by WorldPing · Original reporting by WIRED

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The Block•

Onchain lender Figure nearly triples quarterly profits as loan marketplace volume surges to $4.3 billion

The company said its net income increased 192% to $87 million from $30 million during the same period a year ago.

Brief by WorldPing · Original reporting by The Block

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CoinDesk•

Figure revenue doubles as blockchain loan marketplace volumes surge

The tokenization-focused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion.

Brief by WorldPing · Original reporting by CoinDesk

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Bitcoin.com•

MUFG Eyes Instant JGB Repos as Blockchain Invades Bond Markets

MUFG has launched a pilot to test whether Japanese government bond repo trades can settle in real time on a blockchain network. The major Japanese banking group is working with Digital Asset, creator of the Canton Network, and Progmat on the proof of concept.

Brief by WorldPing · Original reporting by Bitcoin.com

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Sky Sports•

Championship predictions & best bets: Wolves to fall flat on opening night

Championship predictions & best bets: Wolves to fall flat on opening night — full report at Sky Sports.

Brief by WorldPing · Original reporting by Sky Sports

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STAT•

STAT+: Eli Lilly targets booming black market for retatrutide

Khartis raises oral immunology funds, Neurocrine drug safety concerns, and more biotech news from The Readout…

Brief by WorldPing · Original reporting by STAT