BTC $81,777.08 +0.09%
ETH $2,403.53 +0.17%
BNB $745.45 +1.84%
XRP $1.31 -0.57%
SOL $104.44 +0.04%
TRX $0.3301 -0.11%
DOGE $0.0800 +0.93%
ADA $0.2165 +0.23%
BCH $284.27 +3.52%
LINK $12.04 +0.15%
HYPE $77.52 -0.52%
AAVE $147.72 +0.36%
SUI $0.9928 +1.42%
XLM $0.1766 -0.51%
ZEC $1,232.95 -0.67%
AAPL $347.83 +0.96%
AMZN $249.50 -3.18%
GOOGL $321.72 -2.54%
MSFT $519.69 -2.33%
META $642.86 -5.13%
NVDA $212.27 -2.16%
TSLA $373.03 -0.02%
SNDK $1,287.07 -2.08%
INTC $86.12 -2.39%
SPCX $148.25 -4.50%
MU $867.82 -1.37%
AMD $510.49 -2.81%
BTC $81,777.08 +0.09%
ETH $2,403.53 +0.17%
BNB $745.45 +1.84%
XRP $1.31 -0.57%
SOL $104.44 +0.04%
TRX $0.3301 -0.11%
DOGE $0.0800 +0.93%
ADA $0.2165 +0.23%
BCH $284.27 +3.52%
LINK $12.04 +0.15%
HYPE $77.52 -0.52%
AAVE $147.72 +0.36%
SUI $0.9928 +1.42%
XLM $0.1766 -0.51%
ZEC $1,232.95 -0.67%
AAPL $347.83 +0.96%
AMZN $249.50 -3.18%
GOOGL $321.72 -2.54%
MSFT $519.69 -2.33%
META $642.86 -5.13%
NVDA $212.27 -2.16%
TSLA $373.03 -0.02%
SNDK $1,287.07 -2.08%
INTC $86.12 -2.39%
SPCX $148.25 -4.50%
MU $867.82 -1.37%
AMD $510.49 -2.81%

bet

All
Article
Flash

first_img The Pentagon prohibits the U.S. military from betting on prediction markets using military information

U.S. Secretary of Defense Lloyd Austin has prohibited all Pentagon personnel from using non-public information to place bets on upcoming military operations, involving prediction market platforms such as Kalshi and Polymarket. In a memo sent to senior Pentagon officials and defense agencies on Tuesday, he stated that all Department of Defense personnel are prohibited from using non-public information for financial transactions, with the relevant restrictions covering both classified and unclassified information.Austin wrote in the memo that adversaries will observe movements in these markets, and the safety of U.S. military personnel often depends on the enemy not knowing what is about to happen. He also pointed out that, aside from operational security, financial betting can distort judgment: a logistics personnel betting on the date of an operation will be concerned about that date, and an analyst holding a position on the outcome will also be concerned about that outcome.Before this directive was issued, U.S. Army soldier Gannon Ken Van Dyke was charged in April for allegedly profiting over $400,000 on Polymarket by using classified information regarding the operation to capture Venezuelan leader Nicolás Maduro. Prosecutors claimed he participated in the planning and execution of the operation and used advance knowledge to bet on the outcome of Maduro's ousting; he pleaded not guilty to all charges. In February, Israeli authorities also arrested and charged a military reservist and a civilian for allegedly using classified information to bet on events related to Israeli strikes against Iran on Polymarket.

Fidelity: The correlation between Bitcoin's market value and U.S. Treasury yields has risen to a historic high

Fidelity Digital Assets recently released an analysis stating that the yield on the U.S. 10-year Treasury bond has recently risen to its highest level since the birth of Bitcoin, while the scale of U.S. federal debt has surpassed $40 trillion, with interest expenditures exceeding Medicare, becoming the second-largest expenditure item in the federal budget.Fidelity pointed out that the correlation between Bitcoin and the U.S. 10-year real interest rate has been low for a long time in the past, but has gradually turned positive in recent years, with the correlation rising above 0.6 in 2026, reaching a historic high. Over the past two months, Bitcoin has risen nearly 30%, while the yield on the U.S. 10-year Treasury bond has increased by more than 10% during the same period.Fidelity believes that as government debt rises, financing costs increase, and concerns over fiscal intervention intensify, Bitcoin's fixed supply limit of 21 million coins may enhance its appeal as a potential hedge against currency depreciation and a portfolio diversification tool. If the current trends in debt and interest rates continue, government interest expenditures may even become the largest expenditure item in the federal budget in the future.Data from the U.S. Treasury Department shows that the federal budget deficit for fiscal year 2026 has risen to $1.99 trillion, up from $1.78 trillion in fiscal year 2025, marking the highest level since the pandemic. Despite the Trump administration's commitment to cut spending, military expenditures, Social Security spending, and interest on national debt continue to rise, coupled with a decline in corporate tax revenue, further widening the fiscal deficit.

first_img SBI and Startale join Open Standard to explore interoperability between JPYSC and OUSD

On October 16, SBI Holdings and Startale Group announced their participation in Open Standard to explore the interoperability of the dollar-pegged stablecoin OUSD and the yen-denominated trust-based stablecoin JPYSC. The article states that Open Standard will launch in June 2026, and the alliance already includes over 140 global companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, with OUSD already publicly launched on-chain. The announcement clarified that this only involves exploring a pilot project and does not represent the launch of new commercial services or the initiation of production environment settlements or trading activities.Yoshitaka Kitao, Representative Director, Chairman, President, and CEO of SBI Holdings, stated that cross-border transactions will become more common, and seamless conversion between yen and dollar stablecoins is crucial. Joining Open Standard and exploring related proof of concepts is an important step. He also mentioned that the SBI Group has been the first in Japan to offer dollar stablecoins USDC and RLUSD. Startale Group CEO Sota Watanabe stated that joining Open Standard reflects both parties' belief that the future of finance is on-chain, borderless, and interoperable, and that the pilot interoperability of JPYSC and OUSD is of significant importance.JPYSC is issued by SBI Shinsei Trust Bank and is positioned as an on-chain yen settlement infrastructure compliant with Japan's Payment Services Act and trust law framework. In July 2026, SBI Global Asset Management, DigiFT, and Startale announced a proof of concept for tokenized securities settlement and distribution payments, considering the future use of JPYSC. Open Standard claims it was established in 2026, with founding partners including Coinbase, Mastercard, Shopify, Stripe, and Visa, and over 200 institutions have signed up to add OUSD to the platform.
app_icon
ChainCatcher Building the Web3 world with innovations.