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5/28
05:34
Svmuu reported that Polymarket's Vice President of Engineering, Josh Stevens, clarified in a post on X that the prediction market platform will not introduce mandatory Know Your Customer (KYC) checks on its existing services. Stevens stated that KYC is only applicable to the early testing of a new Beta product for some users, and none of the existing products will require KYC as a result. The product will not require KYC after it exits Beta testing either.

Polymarket currently faces access restrictions in several jurisdictions, including bans on users placing orders or only allowing position closures. In April, Brazil blocked 27 prediction market platforms, including Polymarket and Kalshi, while Spain's gambling regulator also restricted local users' access to Polymarket and Kalshi in May. (Cointelegraph)
04:51
Svmuu reports that the U.S. April PCE data will be released at 8:30 PM Beijing time tonight. The market expects the April PCE year-over-year increase to be 3.8%, compared to the previous value of 3.5%; the core PCE year-over-year rate is expected at 3.3%. According to the CME "FedWatch" tool, the market expects interest rates to remain unchanged in June, with the probability of a rate hike increasing before the end of the year. Goldman Sachs predicts that core PCE will remain around 3% in 2026, with the overall inflation rate falling below 4% this year.
04:50
Svmuu Two executives from competing prediction market platforms clashed on X over KYC issues. The incident began when Polymarket's Vice President of Engineering, Josh Stevens, refuted claims that the platform would fully implement KYC. In response, Kalshi's Head of Enforcement, @robertjdenault, cited relevant posts, arguing that Polymarket should have adopted KYC long ago. He claimed that Russians and Iranians were trading freely on the platform, and insiders were also using it wantonly. He added that if Polymarket truly wanted to prevent this, it should either bring all operations into compliance (starting with KYC) or shut down.
In response, a Polymarket official, Mustafa, called the Kalshi executive an "idiot" in the comments under the post.
04:48
SvmuuNews According to MSX.COM data, U.S. pre-market crypto-related stocks mostly declined. UPXI fell 5.95%, DFDV fell 4.62%, BTCS fell 2.58%, BTBT fell 2.46%, and Strategy fell 2.26%.
Reportedly, MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
04:36
Svmuu News According to monitoring by Yu Jin, the Hyperliquid TG trading bot and copy trading platform pVP.trade earned $8.68 million in commission revenue through transaction fees. After the Hyperliquid token launch, pvp.trade gradually used commissions to purchase HYPE. The $8.68 million in commission revenue bought 421,000 HYPE at a cost price of $20.6, which is currently valued at $24.34 million. pvp.trade redeemed 400,000 HYPE from staking yesterday, worth $22.8 million.
04:31
According to Dune data, as of May 28, the cumulative number of payment activities related to the APP protocol on X Layer has exceeded 1.73 million, with total transaction volume surpassing $6 million and over 330,000 unique addresses. Since May 22, the data has entered a phase of rapid growth.
It is reported that the OKX Agent Payments Protocol (APP) has been live for one month. The protocol is primarily designed for AI Agent commercial scenarios, covering core processes such as payment method selection, signing, and settlement. OKX has also provided components like Skills, API, and SDK on X Layer to facilitate quick integration for merchants and developers. Several merchants have already completed integration.
04:29
Svmuureports, according to official sources, MGBX will list NBISUSDT, WDCUSDT, EDENUSDT perpetual contract trading pairs on May 28, 2026 at 18:00 (SGT)
Trading opening time: May 28, 2026 at 18:00 (SGT)
Leverage multiples: NBIS and WDC support up to 20x leverage; EDEN supports up to 25x leverage
04:20
Svmuu reported that 10x Research posted on X platform, stating that amid Bitcoin's downturn, the mining and AI infrastructure sectors have surged significantly. KEEL rose 30%, CIFR rose 29%, IREN rose 29%, WULF rose 24%, and HUT rose 22%, primarily driven by large-scale hyperscale data center deals, campus acquisitions, and new institutional support.
This week's catalysts include IREN's $1.6 billion purchase of Dell Blackwell systems, TeraWulf's acquisition of a 1 GW Kentucky campus, and Hut 8's signing of a $9.8 billion Texas lease agreement. These events indicate that the transition of Bitcoin mining companies towards AI infrastructure is accelerating.
04:17
SvmuuNews According to an official announcement, Binance Futures will launch the CTRUSDT perpetual contract on May 28, 2026, at 09:30 (UTC), supporting up to 20x leverage. CTR is the coordination token of the Citrea network, designed to provide access to the Bitcoin application layer. The contract is settled in USDT, with a minimum price change of 0.00001, a minimum trading volume of 1 CTR, and a minimum notional value of 5 USDT. The funding rate cap is +2.00%/-2.00%, settled every four hours. The contract will support copy trading within 24 hours of its launch.
03:38
SvmuuNews: The US Department of Justice recently prosecuted Google software engineer Michele Spagnuolo, accusing him of using confidential internal Google information to trade on Polymarket's prediction market, illegally profiting approximately $1.2 million.
Polymarket posted on X platform, stating that Michele Spagnuolo's insider trading activities were flagged by its market integrity system early on, and that Polymarket proactively filed a criminal report with judicial authorities, ultimately leading to Michele Spagnuolo's successful arrest. Polymarket claims that the two insider trading arrests on prediction markets so far both originated from criminal reports filed by the platform itself.
The other insider trader arrested by the US Department of Justice for prediction market crimes is Gannon Ken Van Dyke. As a US military participant in the capture operation of Maduro, he used insider information to profit over $409,000 from the prediction market. He was arrested on April 23.
03:35
According to official sources, edgeX V2 has been officially launched. This V2 is a comprehensive reconstruction version based on the EDGE Chain, with systematic upgrades in security, performance, transparency, and scalability.
On the product level, edgeX V2 now supports 7x24 hour trading for multiple derivatives including US stocks, Korean stocks, and commodities. As of now, the platform has listed 40 trading pairs for stocks and commodities, and has added advanced trading features such as an independent margin model and TWAP.
At the same time, edgeX has launched the Trade to Own season. This mechanism aims to convert trading behavior into protocol ownership, allowing real traders to gradually become EDGE Token Holders through their trading activities. 100% of the platform's net profit will be used for EDGE buybacks, aligning the long-term interests of platform growth, trader benefits, and Token Holder rights.
03:23
Svmuu News: Costa Rica's Legislative Assembly has unanimously approved amendments to Law No. 7786, establishing specific obligations for virtual asset service providers regarding anti-money laundering, counter-terrorism financing, and counter-proliferation financing of weapons of mass destruction. The new law requires virtual asset service providers to register with the Financial Superintendence General and fulfill obligations including customer identification, due diligence, transaction record keeping, and reporting of suspicious transactions. Penalties for violations range from 5% to 50% of the transaction amount, or between $1,800 and $90,000. The law will take effect three months after its publication.
03:00
Svmuu reports that Deribit data shows options with a notional value of $7.5 billion for BTC and ETH will expire tomorrow. Among them, BTC options have a notional value of $6.21 billion, with a put/call ratio of 0.88 and a max pain point of $75,000; ETH options have a notional value of $1.29 billion, with a put/call ratio of 0.81 and a max pain point of $2,200.
02:55
Svmuureports that according to on-chain analyst Ai Yi's monitoring, Garret Jin has increased his BTC 5x long position to 1268.33 coins, valued at $92.38 million, with an opening price of $76,117. He currently has an unrealized loss of $4.098 million; his ZEC short position currently has an unrealized profit of $5.82 million, and his overall account remains profitable. Garret Jin had previously opened BTC and ETH short positions worth over $1.1 billion just before the 1011 flash crash, generating profits exceeding $160 million; in December last year, he opened long positions for BTC, ETH, and SOL worth up to $700 million, which were later liquidated in a single day, resulting in a loss of $230 million.
02:52
Svmuu Seer 先知频道 monitoring shows that Polymarket has launched a new market "When will Vance leave the Vice President position", with the probability of departure this year currently reported at 10%. However, the trading volume for this option is only $20,000, making its validity relatively weak.
The settlement rules for this market state that if, during the period from the market's establishment to the specified date (Eastern Time), Vance no longer serves as Vice President of the United States, regardless of the duration, the result of this market will be judged as "Yes." Otherwise, it will be judged as "No."
Svmuu Seer 先知频道 continues to monitor the prediction market, seeing changes before pricing takes place.
02:33
According to Gate data, the Nikkei 225 index closed down 0.47% at 64,693.12 points. The Korea Composite Stock Price Index (KOSPI) closed down 0.53% at 8,185.25 points.
02:30
According to SoSoValue data, US spot Bitcoin ETFs recorded a net outflow of $733.4 million on Wednesday, the largest single-day capital outflow since January 29.
Among them, BlackRock's IBIT posted a single-day net outflow of $527.8 million, the second-largest daily outflow since the ETF's launch.
02:28
According to Lookonchain monitoring, a whale associated with BIT created a new account and deposited 5 million USDC, then opened a 20x leveraged long position of 500 BTC, with a position value of approximately $36.5 million.
02:25
Svmuu reports that Chainalysis has released a report indicating that overall compliance standards in the crypto industry are improving, but significant deficiencies remain in the monitoring of indirect fund flows.
The report shows that among new institutions entering the crypto industry in 2026, approximately 47% adopted alert standards that would have ranked among the strictest top 10% in the industry five years ago. Chainalysis states that while industry standards for "direct monitoring" (funds coming directly from known illicit sources) have become largely unified, gaps remain in "indirect monitoring" (funds flowing through intermediate addresses).
Data indicates that in 2020, only about 10% of institutions met top-tier industry compliance requirements. However, since 2023, this proportion has significantly increased, with newcomers generally adopting stricter monitoring standards. Nevertheless, for risk categories such as ransomware, scam shops, and darknet markets, industry thresholds for indirect monitoring are still commonly 10 to 20 times higher than those for direct monitoring. (Cointelegraph)
02:18
Svmuu reported that according to community user @Caneleo55, the Polymarket deployer wallet has deployed multiple contracts, and may launch a streak prediction (where all matches must be predicted correctly) before the World Cup.

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