[Fanatics Launches Prediction Market Platform, Initially Available in 10 States] Sports merchandise giant Fanatics has launched a prediction market app, Fanatics Markets, initially available in 10 states, with plans to expand to 24 states in phases over the next week. The platform allows users to trade on outcomes of events such as sports scores, political decisions, and economic developments. Fanatics has partnered with Crypto.com to provide compliant trading infrastructure and has obtained CFTC regulation and NFA membership through its previous acquisition of Paragon Global Markets. The company plans to expand its trading categories by 2026 to include cryptocurrency prices, IPOs, technological advancements, and movie outcomes, aiming to compete with Polymarket and Kalshi. The app is now available on iOS and Android platforms.
24/7 Flashes
More >美 SEC 向九家 ETF 提供商发警告函要求回应高杠杆风险
[U.S. SEC Issues Warning Letters to Nine ETF Providers Requesting Responses on High Leverage Risks] The U.S. Securities and Exchange Commission (SEC) has issued warning letters to nine ETF providers, including Direxion, ProShares, and GraniteShares, requesting comprehensive responses regarding risk issues for ETFs proposed to offer leverage exposure exceeding 2x (including some crypto products). The SEC expressed concerns about funds aiming to provide leverage exposure exceeding 2x for target indices or securities.
麻吉大哥扭转两月亏损，盈利约284万美元
[Big Brother Machi Turns Around Two Months of Losses, Profits Approximately $2.84 Million] Big Brother Machi transformed $500,000 into $3.34 million, profiting $2.84 million and ending two consecutive months of losses since October. He currently holds long positions worth $33.5 million, primarily in ETH, with smaller amounts in HYPE and ZEC.
某鲸鱼向Binance存入5000枚ETH，价值约1552万美元
[A whale deposits 5,000 ETH into Binance, valued at approximately $15.52 million] On December 4, according to Lookonchain monitoring, a whale deposited 5,000 ETH into Binance again during the market rebound, approximately $15.52 million. The address currently still holds 5,000 ETH.
Giant Whale address 0xdECF deposited 5000 ETH worth $15.52 million into Binance
During the market rebound, the address 0xdECF of Giant Whale deposited 5000 ETH worth $15.52 million into Binance. Currently, the address still holds 5000 ETH worth $15.52 million. （Lookonchain）
CZ：预测市场平台predict.fun创始人曾在Binance任职
[CZ: Founder of prediction market platform predict.fun previously worked at Binance] On December 4, Binance founder CZ stated on social media that he welcomes the new prediction market predict.fun to build on the BNB Chain. CZ mentioned that when users make predictions on predict.fun, the funds will not remain idle but will generate returns. It is reported that the founder of predict.fun previously worked at Binance several years ago, and the project is incubated and invested in by YZi Labs.