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OmenX: Popular teams in the World Cup collectively lose points, the sports prediction market enters a risk management scenario

The World Cup group stage continues today, with several matches producing results that were unexpected in the pre-match market. Spain drew 0-0 with Cape Verde, Belgium drew 1-1 with Egypt, Uruguay drew 1-1 with Saudi Arabia, and Iran drew 2-2 with New Zealand. Many teams that were considered likely to win before the matches failed to secure victories, leading to significant fluctuations in the related prediction markets.Base's native leveraged prediction market OmenX indicates that as the World Cup schedule enters a dense phase, sports prediction markets are no longer just one-way bets on popular outcomes; in-match fluctuations, upset results, and position management are becoming important scenarios for user trading. For users who already hold high-probability positions on platforms like Polymarket, OmenX's leveraged prediction market can be used to open similar or opposite positions with smaller amounts of capital, allowing for hedging and risk management as uncertainty in the events rises.OmenX data shows that in the past 24 hours, the trading volume in World Cup-related prediction markets approached $8 million, with single match outcomes, championship titles, and popular team-related markets being the main trading directions. As several popular outcomes failed to materialize, the demand for trading around position protection, in-match adjustments, and result repricing continues to rise.

Gate Research Institute: The market value of the three storage giants collectively surpasses one trillion dollars, and the AI-driven storage industry enters a period of value reassessment

The latest report from Gate Research Institute titled "Gate Research Institute: The Market Capitalization of the Three Storage Giants Exceeds One Trillion Dollars, Gate Supports Their Real Stock Trading" points out that as the demand for AI large model training and inference continues to grow, the global storage industry is entering a new round of value reassessment.The report shows that the market capitalizations of the three storage giants, Samsung Electronics, SK Hynix, and Micron Technology, have all surpassed one trillion dollars, reflecting a repricing of the strategic value of AI storage infrastructure. Among them, Micron Technology has recently officially joined the one trillion dollar market capitalization club, becoming one of the most watched reassessment targets in the AI storage industry chain.The report mentions that the current rise in the storage sector is not a rebound from the traditional DRAM cycle, but is driven by structural demand growth brought about by the expansion of AI data centers. The importance of high-end storage products such as High Bandwidth Memory (HBM), DDR5, and enterprise-level SSDs continues to increase, pushing storage from being a supporting component in the computing power system to becoming a key resource that affects model training efficiency, inference performance, and deployment costs.In addition, Gate has officially launched stock trading services, allowing users to trade mainstream securities market stocks and ETF assets using USDT, and has introduced perpetual contracts for stocks and leveraged ETF products, providing investors with more diversified trading and allocation tools to participate in AI storage and semiconductor theme investments.

The South Korean cryptocurrency industry collectively opposes the new anti-money laundering regulations, planning to require all overseas transfers of over 10 million won to be reported as suspicious transactions

According to Cointelegraph, the South Korean crypto industry group DAXA (Digital Asset Exchange Alliance), representing 27 registered virtual asset service providers (VASP), has submitted objections to the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) regarding the proposed amendments to the implementation order of the Specific Financial Information Act.The new regulations aim to require domestic VASPs to report any virtual asset transfers with foreign VASPs as suspicious transaction reports (STR) if the amount reaches 10 million won (approximately $6,800), regardless of the risk level. DAXA warned that this would cause the annual reporting volume of South Korea's five major trading platforms (Upbit, Bithumb, Coinone, Korbit, Gopax) to surge from about 63,000 last year to over 5.4 million, making compliance practically impossible.The industry also opposes the proposed requirement to verify the accuracy of customer information, arguing that the subordinate rules impose obligations not clearly defined by law. This industry backlash comes as exchanges face sanctions from financial regulators in court. On April 9, the court ruled to lift part of the business suspension against Upbit operator Dunamu, but the regulators have appealed. On April 30, the court suspended the six-month partial business suspension against Bithumb. Coinone also received a temporary stay of execution.The public consultation period for the new regulations ends on May 11, and it is expected to be finalized in July after regulatory and legal reviews. This highlights the tension between South Korea's tightening of crypto anti-money laundering regulations and the industry's concerns about excessive compliance burdens.
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