Crypto World
Blockworks Acquires Messari for $10M to Build Crypto’s Unified Data and Intelligence Platform
TLDR:
- Blockworks acquired Messari for over $10M, merging crypto’s two largest data and analytics platforms.
- Messari covers 40,000+ crypto assets and operates one of the most powerful APIs in the industry.
- The deal targets both onchain asset issuers and institutional underwriters with a unified data layer.
- Blockworks aims to build a full system of record for onchain markets as institutions move onchain.
Blockworks has acquired Messari in a deal worth more than $10 million, combining two of crypto’s largest data and analytics platforms.
Both firms launched in 2018 and have since built distinct but complementary capabilities across research, market intelligence, and API infrastructure.
The acquisition follows a recent Blockworks Series A extension, which valued the company at $192 million. Co-founders Jason Yanowitz and Michael Ippolito described the move as a step toward creating a trusted system of record for onchain markets.
Messari Brings Critical Data Infrastructure to the Combined Entity
Messari has spent eight years building comprehensive coverage across more than 40,000 crypto assets. Its platform tracks assets, markets, exchanges, stablecoins, protocols, token unlocks, fundraising, and social sentiment.
This data is already embedded in fund workflows, exchange listing processes, and developer applications across the industry.
The Messari API is widely regarded as one of the most powerful in the sector. It allows funds, exchanges, and developers to pipe structured data directly into their own systems. As crypto trading increasingly moves toward automation, API quality becomes a core competitive factor.
Yanowitz explained the reasoning behind the deal directly. “An agent is only as good as the data it can reach and the API it can call,” he wrote. “That is why Messari matters.” The statement captures how the acquisition is framed around infrastructure, not just market share.
Messari also provides AI-compatible data infrastructure, making it accessible to agentic workflows. The firm’s tools have evolved beyond human users to serve machine-driven processes. This positions its data layer as essential for the next phase of market structure.
Before the acquisition, Messari underwent internal leadership changes and workforce reductions. Those shifts created an opening for consolidation within the fragmented crypto data sector. Blockworks moved quickly after closing its Series A extension to pursue this deal.
Blockworks and Messari Target Institutional Onchain Finance
As traditional financial assets move onchain, the infrastructure requirements are changing fast. Issuers of onchain assets need standardized disclosures, investor relations tools, and performance tracking.
Blockworks has been developing exactly this through its Token Transparency Framework and full-stack IR platform.
On the other side of the market, underwriters need reliable data to diligence and monitor assets. These include funds, exchanges, custodians, brokerages, regulators, and AI agents. Messari’s market intelligence and API coverage directly serve this group.
Yanowitz and Ippolito outlined the combined mission in a joint statement. “Our mission is simple: Bring transparency and trust to onchain markets as institutions come onchain,” they wrote.
“The acquisition of Messari accelerates this mission.” The statement reflects how both companies see the deal as a convergence of purpose.
The combined entity plans to offer compliance workflows, ratings, and programmatic data access for AI agents. In legacy markets, building this kind of infrastructure required significant analyst headcount. In crypto, the underlying data is already digital, structured, and available in real time.
Blockworks described the longer-term goal directly. “As stocks, bonds, currencies, and commodities move onchain, more of the market will run onchain,” Yanowitz wrote.
“Everything runs on Blockworks.” The Messari acquisition moves that vision from concept to execution.
Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market infrastructure.
Summary
- Bernstein kept its Outperform rating on Robinhood and maintained a $160 price target.
- Robinhood Chain has processed more than $12 billion in DEX volume and over 150 million transactions since launch.
- Rothera has handled more than 3.5 billion contracts and generated $17 million in second quarter revenue.
- Bernstein said tokenized stocks, Robinhood Earn and exchange infrastructure are becoming key drivers of the company’s crypto business.
Bernstein said in a note to clients that Robinhood’s latest crypto products, including Robinhood Chain, tokenized stocks, Bitstamp and Robinhood Earn, are creating new growth opportunities outside its traditional trading business while supporting its long-term investment case.
Robinhood shares closed at $89.84 on Wednesday, the level Bernstein used in calculating about 78% upside to its unchanged $160 target. The stock later fell 3.6% to close at $86.60 on Thursday, implying roughly 85% upside based on the firm’s target price.
Robinhood Chain and tokenized stocks expand crypto business
Among the products highlighted in the report, Bernstein pointed to Robinhood Chain as one of the company’s largest crypto initiatives since entering tokenization. According to the brokerage, the blockchain has processed more than $12 billion in decentralized exchange volume and completed over 150 million transactions since launch.
The report also said Robinhood Earn has accumulated more than $200 million in customer deposits. Meanwhile, tokenized U.S. stocks are now available through Robinhood Wallet in more than 120 countries, extending the company’s reach beyond its core brokerage platform.
Bernstein said the latest developments continue a strategy Robinhood has been building throughout the year. In June, the firm argued that prediction markets had become one of Robinhood’s fastest-growing businesses during the FIFA World Cup, projecting the segment could generate $586 million in revenue in 2026 compared with an estimated $150 million in 2025.
At the time, Bernstein estimated prediction markets could account for about 17% of Robinhood’s transaction-based revenue and around 10% of total company revenue next year, supported by higher customer activity during major sporting events.
Rothera continues to scale prediction markets
Attention in the latest report also turned to Rothera, Robinhood’s exchange, which Bernstein said has continued expanding since going live in June.
According to the analysts, Rothera has processed more than 3.5 billion contracts so far, including 2.1 billion during the second quarter alone. The exchange generated $17 million in second-quarter revenue and has become the third-largest prediction market exchange in the United States, Bernstein said.
The research note said Robinhood expects more prediction-market activity to migrate onto Rothera over time while continuing to distribute event contracts from third-party exchanges. Bernstein added that management also sees the exchange as a potential business-to-business platform for other Futures Commission Merchants in the future.
The brokerage has previously argued that controlling more of the trading stack allows consumer platforms to retain a larger share of transaction economics. In a June research report, Bernstein said companies across crypto, brokerages and sports betting are increasingly combining brokerage, exchange and clearing functions instead of depending on outside providers.
Robinhood’s ownership of Rothera was presented as one example of that trend, alongside similar moves by Coinbase and DraftKings to build or acquire more of their own trading infrastructure.
Bernstein sees infrastructure becoming a competitive advantage
Beyond trading volumes, Bernstein said Robinhood’s strategy increasingly resembles a financial infrastructure business rather than a brokerage focused only on crypto transactions.
The analysts grouped Robinhood Chain, Bitstamp, Robinhood Earn and tokenized stocks as complementary products that could diversify revenue over time. The report follows Bernstein’s earlier research on Coinbase, where the firm argued the exchange was also expanding beyond crypto trading through tokenized equities, prediction markets, blockchain infrastructure and artificial intelligence tools.
While the companies are pursuing different strategies, Bernstein has consistently argued that digital asset platforms are competing to become broader financial marketplaces by adding infrastructure, custody, tokenization and regulated market products alongside traditional crypto services.
According to the analysts, ownership of exchange infrastructure may become increasingly valuable as companies seek to keep more execution and clearing revenue within their own platforms instead of relying on external providers.
Regulatory uncertainty remains part of the investment case
Despite maintaining its positive outlook, Bernstein outlined several risks that could affect Robinhood’s business.
The brokerage said changes affecting payment for order flow remain an important consideration because the model continues to contribute meaningfully to Robinhood’s brokerage operations.
Bernstein also noted that U.S. regulation surrounding digital assets continues to evolve. The analysts said the Securities and Exchange Commission has historically taken a strict approach toward crypto trading platforms, while uncertainty over whether certain digital assets should be classified as securities has yet to be fully resolved.
The report added that the digital asset industry remains in an early stage of development, meaning future regulatory decisions could influence the pace at which companies introduce new crypto products and expand tokenization services.
Even with those risks, Bernstein maintained that Robinhood’s expanding infrastructure business and growing portfolio of tokenized financial products continue to support its Outperform rating and unchanged $160 price target.
Signage at a Jersey Mike’s restaurant in Washington, July 20, 2026.
Graeme Sloan | Bloomberg | Getty Images
Five years after the initial public offering boom of 2021, public markets look a lot different as more companies are choosing to stay private for longer.
In 2021, public markets saw a multitude of companies join the ranks. The Nasdaq said it welcomed 743 IPOs that year, while the New York Stock Exchange said it added more than $1 trillion in new market capitalization, marking the second straight year of record new listings.
The biggest IPOs five years ago spanned a range of industries, including Coinbase, Roblox, Rivian, Warby Parker and more.
According to research from Morningstar, the companies that went public in 2021 raised almost $500 billion — roughly double the number of deals and capital raised in 2020, a year of intense uncertainty amid the pandemic and lowered consumer and investor confidence.
But since then, the IPO market has cooled significantly. Despite a blockbuster IPO from Elon Musk‘s SpaceX, far fewer companies are choosing to go public, and some of the ones that do have struggled to gain momentum in the current conditions.
Two consumer companies, sandwich chain Jersey Mike’s and clothing retailer Reformation, went public on Thursday. Both companies had largely uneventful IPOs, with Reformation remaining essentially flat for the day and Jersey Mike’s opening $2 below its IPO pricing and closing down nearly 6%. They join just a handful of other consumer companies that have gone public in 2026, according to Renaissance, representing a tiny slice of the overall IPO pie.
Experts say there’s a range of reasons why companies are rethinking their liquidity and capital.
“There’s under 4,000 public companies today, whereas 30 years ago, there was just under 8,000,” said Mike Dinsdale, CEO of Powerlaw, a publicly listed fund investing in private companies. “The reason for that, I think, is access to capital, and then the idea that staying private and not having any transparency into what’s happening, and then higher valuations on the public side.”
Dinsdale, who previously held executive positions at DoorDash and DocuSign, said access to capital and liquidity in nonpublic markets, along with the emergence of megafunds, have taken “the need out to rush to go public.”
He added it’s a trend he’s been seeing over the past 30 years, though the acceleration of family office interest in private companies over the past five years has contributed significantly to the trend as the private investment vehicles of the ultrawealthy look for new places to put their money.
Reformation Inc. signage during the company’s initial public offering on the floor of the New York Stock Exchange in New York, July 30, 2026.
Michael Nagle | Bloomberg | Getty Images
Secondary markets
Some of the largest consumer and retail companies have remained private, like Publix Super Markets, Sephora and Chick-fil-A.
According to Sunaina Sinha Haldea, the global head of Private Capital Advisory at Raymond James, private companies are benefitting from the rise of secondary markets.
“The secondaries market is acting as this pressure release valve to this artificial clock of having to go public,” she said. “Nobody has to go public now because of the depth of this private secondaries market.”
Venture capital has also been booming. Jason Yeh, the co-founder of Patron, a venture capital firm investing in consumer companies, told CNBC that the volatility in the public markets coupled with the stagnant performance of public consumer and retail companies has likely added to the hesitation to leave the private sphere.
“There are very large asset managers, hedge funds and other types of investors that want to buy these later-stage stakes in these large companies, and they’re able to push out having to go public longer, and you can get liquidity for earlier stage investors through that,” Yeh said.
His firm has partnered with a number of consumer companies like Sweatpals, Board, System Labs and more. He added that he believes a strong liquidity environment would mean both IPOs and acquisitions become desirable routes.
“It feels like we’re on the cusp of a handful of companies that, theoretically, on paper, should have been able to go public over the last couple of years, but will be going public ideally in the next 12 to 18 months,” Yeh said.
‘The carrot and the stick’
There are still compelling reasons for some companies to go public — an IPO is often a moneymaking move, like it was for SpaceX, which raised tens of billions of dollars when it went public.
“I do think for companies with a really strong business model of generating a lot of cash flow, eventually they will go public,” Yeh said. “Hopefully, the overall macroeconomic conditions are better when that happens, versus doing it into a weaker market.”
One of the biggest incentives to staying private is avoiding the pressure of quarterly earnings, which require revealing numbers to investors and potentially taking a hit from that visibility.
“In general, founders don’t want to go public, the majority don’t, because all of a sudden they have more visibility into what they’re doing,” Powerlaw’s Dinsdale told CNBC. “The public now has access to numbers and it has opinions on what they’re doing versus being more in control.”
To make the IPO market attractive again, he said he believes there needs to be both “the carrot and the stick,” that would make it harder to stay private while also instituting a regulatory legislative change to incentivize going public.
President Donald Trump has floated the idea of ending mandatory quarterly earnings reports, a move that was backed by the Securities and Exchange Commission earlier this year and would allow companies to report only twice a year instead. In a May statement, SEC Chairman Paul Atkins said the current rules have too much “rigidity” for companies and investors.
According to Raymond James’ Sinha Haldea, the regulation that comes with being public is a “headwind” to going down that route.
“If you are a CEO of a fast-growing company and there’s plenty of capital available, and you don’t have to deal with the governance and the reporting structures and the quarterly clock of being a public company, why would you put yourself through that?” Sinha Haldea told CNBC.
Sinha Haldea said it’s both a financial cost and a resource cost to go public rather than staying within the secondary markets and accessing capital that way. But as the milestones for companies begin to get redefined, and IPOs no longer hold quite as much weight, the “why” behind going public in every board room is no longer as simple as it used to be.
For that justification to change, and for more companies to mimic the trend of 2021 markets, she said the “operational burden of being public” has to change first.
“There is a lot of reporting compliance, litigation, dilution of management time that goes into being a public company,” Sinha Haldea said. “That equation needs to change through regulation for the decision between private and public to become more neutral.”
That didn’t happen, and probably catalyzed the closure of those bets during Friday’s 08:00 UTC expiry, which settled BTC and ether (ETH) options worth $10 billion. Notional open interest on the $70,000 call has fallen to $943 million, and on the $72,000 call to $888 million. While still significant, those levels are well below the $60,000 put.
Another interesting data point comes from seasonality. Since 2013, July has produced a median return of 8.61%. The price has risen by 8.9% this month, according to CoinDesk data. So far, so unexciting. But a positive July is usually followed by a negative August, producing a median return of -7.51%.
Median is useful here because it shows the typical outcome without being skewed by unusually large gains or losses that can distort the average. In markets like bitcoin, where a few extreme months can pull the mean up or down, the median often gives a cleaner read on what has happened most often.
That means the mood is bearish for BTC as we head into August. Stay alert!
Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”
New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes.
The lawsuit seeks to stop Kalshi’s alleged illegal gambling operation in the state, require the company to forfeit illegal gains, pay restitution to users and pay civil penalties equal to three times those gains.
“No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple,” Attorney General Letitia James said in Friday’s statement. “We are taking them to court to uphold our laws and protect New Yorkers.”
The lawsuit comes after the New York State Gaming Commission issued Kalshi a cease-and-desist order in October 2025, prompting the company to sue the regulator in federal court.
A judge denied Kalshi’s request for a preliminary injunction in July, and an appeals court later rejected its bid to block enforcement while the appeal proceeds.
Kalshi did not immediately respond to Cointelegraph’s request for comment.
CFTC defends federal oversight of prediction markets
The lawsuit adds to an escalating jurisdictional dispute over whether event contracts offered by federally regulated prediction markets are subject to state gambling laws.
Just before New York filed its case, the Commodity Futures Trading Commission (CFTC) filed an emergency motion seeking to block New York’s enforcement efforts, arguing that the state’s actions interfere with the agency’s exclusive authority under the Commodity Exchange Act to regulate designated contract markets like Kalshi.
Related: CFTC issues second warning to prediction markets on cookie-cutter self-certifications
The CFTC has taken similar positions in disputes involving at least nine states, arguing that allowing states to prohibit event contracts listed by federally regulated exchanges would create conflicting state rules and undermine federal commodities regulation.
Prediction markets continue to gain mainstream traction
Prediction markets allow users to buy and sell contracts tied to the outcome of future events, with prices reflecting the market’s estimate of the probability that an event will occur.
Kalshi’s rival, Polymarket, has also faced regulatory scrutiny, with several countries restricting or investigating its operations over gambling and licensing concerns.
Kalshi began expanding into blockchain-based infrastructure in December 2025, launching tokenized prediction markets on Solana and later adding support for multiple blockchain networks.
The broader prediction market sector has also grown alongside major sporting events.
According to analytics firm Chainalysis, blockchain-based prediction markets processed about $20 billion in trading tied to the 2026 FIFA World Cup, with more than 400,000 wallets participating.
Magazine: The 100x obsession: Fundamentals grow in importance as crypto matures
The crypto market is closing out July on the back foot, with bitcoin falling 1.31% since midnight UTC to $63,870 and ether (ETH) dropping 1.40% to $1,890 after struggling to regain the $2,000 level it touched earlier this month.
The performance is diverging from equities, with South Korea’s Kospi surging by more than 15%. Nasdaq 100 and S&P 500 index futures are also in the green.
The conflict in the Middle East and hawkish comments from the Federal Reserve committee have dented crypto’s recovery hopes this week. The CoinDesk 20 Index has dropped 2.34% since midnight Monday, though with a gain of 8.7% since June, it’s still positive for the first month in three and by the most in a year.
Derivatives positioning
- Taker long-short futures volume ratio: As the market wilts, the taker long-short futures market volume ratio continues to lean bearish, suggesting a downside bias. A taker is a market participant who executes an order immediately against an existing order in the book.
- XRP futures open interest rises: XRP’s futures open interest (OI) rose further, extending the three-week upswing to 2.27 billion tokens, the most since late June. The token’s price has declined to $1.07 from $1.13 during the period. A combination of a drop in price alongside a rise in OI is said to confirm the downtrend, a sign traders are shorting the market in anticipation of a deeper price drop.
- BTC in stasis: BTC’s OI remains static at around 750K, as it has all month. That’s a sign traders are unwilling to deploy capital in leveraged products despite signs of stability in the market. It’s no surprise that BTC’s early month bounce from under $58K has stalled in the $62K to $65K range. It’s the same story for ether and Solana.
- UNI’s OI growth: Uniswap’s UNI token is the OI growth leader for the third straight day, rising to 75.80 million UNI, a level last seen Feb. 14. This is a clear sign of investors willing to take on risk in tokens backed by positive newsflow. Recently, BlackRock decided to debut its tokenized Treasury fund on Uniswap.
- Negative cumulative volume delta: Most major tokens, including UNI, have negative 24-hour OI-adjusted cumulative volume delta, a feature consistently observed during sharp downtrends over the past year. A negative CVD means traders are shorting more at market orders than passive limit orders. In other words, bears are being more aggressive.
- Bitcoin implied volatility: Bitcoin’s BVIV, the 30-day implied volatility index, fell to 37%, the lowest since May. These levels have served as floors in recent years, bringing about a bounce in the so-called fear index. Since ETFs debuted in 2024, the BTC price correlation with the BVIV has been negative, meaning any bounce in the BVIV could be accompanied by a fresh decline in the spot price.
- Options open interest: On Deribit, bitcoin and ether options worth $10 billion expired early today. Now the distribution of open interest in remaining expiries that extend all the way to June 2027 shows a $60,000 put as the most popular bet. A put represents a bearish bet on the market.
Token talk
- Uniswap (UNI) was Friday’s standout performing altcoin, rising by 9.30% over 24 hours to $4.41 as it sustains momentum from its Robinhood layer-2 integration announced earlier this month.
- Ethena (ENA) extended its recovery, rising 1.23% since midnight UTC and 4.31% over 24 hours to $0.082, with the token now up significantly from its July lows. Keep in mind it’s still more than 90% below its all-time high.
- Lighter (LIT) fell a further 2.28% as the correction from its July peak deepened, with the token now 20% below the highs it set earlier this month after its 200% rally between May and early July.
- Zcash (ZEC) gave back 2.15% to $459 after a strong run earlier in the week, with the privacy coin sector losing ground on Friday.
- added 0.94% since midnight and 4.09% over 24 hours, quietly extending a recovery that has seen it claw back after June’s 45% plunge.
New York Governor Kathy Hochul and Attorney General Leticia James have filed a lawsuit against one of the most popular prediction market platforms, Kalshi.
The move marks the latest escalation in the growing battle over whether event contracts fall under federal commodities law or state gambling regulations.
Lawsuit Launched
The press release from the New York office informs that James and Hochul have alleged that Kalshi is operating illegal gambling products in the state without the necessary license. Filed in Manhattan state court, the complaint seeks to stop the platform from offering its event contracts to New York residents and requests financial penalties, forfeiture of profits, and restitution for affected customers.
Event contracts, as the lawsuit describes them, allow users to trade on outcomes of sports matches, elections, economic data, and other real-world events. However, they amount to unlicensed gambling under New York law, stated the PR.
Officials also argued that Kalshi permits users between the ages of 18 and 20 to participate, despite the state requiring bettors to be at least 21 years old. The platform, though, still claims that its products are federally regulated derivatives overseen by the US CFTC, not gambling products subject to state gaming laws.
The lawsuit launched by the state of New York comes just weeks after a federal judge denied Kalshi’s request to block officials from enforcing its gambling laws while the broader case proceeds.
The Bigger Fight
The explosive growth of the two major prediction market platforms, Kalshi and Polymarket, has quickly caught the attention of regulators, and this is the latest chapter in an increasingly complex jurisdictional dispute over their capabilities.
The CFTC has repeatedly defended its authority over federally registered prediction markets, but New York officials argue that event contracts resemble traditional betting. The regulator even sued New York, claiming that federal law preempts state attempts to oversee these products.
New York also sued prediction market businesses operated by Coinbase and Gemini recently, arguing that they offered the same illegal gambling services without proper authorization.
Meanwhile, Kalshi and Polymarket continue to face severe backlash outside the US as well, including some bans in jurisdictions like Argentina, Spain, Brazil, and Indonesia.
The post New York Sues Kalshi as Legal Pressure on Prediction Markets Intensifies appeared first on CryptoPotato.
Tom and Max fight. Anna drives a kitchen knife into Max’s back. He staggers outside, and Tom knocks him into the pool, which glows an unnatural aquamarine beneath the storm. “It’s a kill-or-be-killed sort of moment,” Adams says.
In the churning pool, Max grapples with Tom, who locks him in a stranglehold. Anna leaps in, and together they hold him under until his limbs finally go limp.
Moving the climax from the open waters of the Cape Fear River to the family’s backyard pool marks a decisive break from previous film adaptations. “We felt for this version of the story that it should end in their home,” Antosca explains. “Bring the storm to them.”
The scene also pays off a detail from Episode 7, when Max told Natalie he’d been baptized in the Cape Fear River as a boy but never learned to swim. “[The pool] is also the place where he’s more vulnerable,” Bardem says.
The pool fight took days to shoot, with rain pouring down and cameras rolling underwater. Staging a brawl in water demands precision from everyone in it. “You’ve got to be so in tune with your dance partner,” Wilson says. It was also a release after months of playing Tom measured. “We all had been so measured for so long … it was nice to let it rip,” he says. For all the scale, the sequence plays as a test the Bowdens narrowly pass. “There’s a killer inside of everybody,” Wilson says, but killing Max at that point would be vengeance, not self-defense. “Tom, at his core, is not someone that would kill out of revenge.”
Crypto World
Zoomex Launches “August Summer Airdrop”: New Users Can Unlock Up to $1,500 in Combined Rewards and Exclusive Benefits
Global cryptocurrency trading platform Zoomex today announced the official launch of its global onboarding initiative, the “August Summer Airdrop.” Running from July 31 to August 31, the campaign is designed to streamline the onboarding journey for new crypto traders through simplified participation steps and transparent reward structures, offering eligible new users a comprehensive reward package worth up to $1,500.
As a platform dedicated to optimizing the contract trading experience, Zoomex has structured this summer campaign to lower entry friction, dividing the initiative into three clear modules:
- Zero-Barrier Trading Experience: During the campaign period, new users can claim a $100 BTC position voucher simply by registering and completing an initial deposit of $\ge 1$ USDT. This allows them to experience live-market contract trading without risking personal capital.
- Clear Tiered Incentives: To assist users as they navigate the platform, the campaign establishes a transparent growth path. By completing tasks such as an initial deposit, KYC verification, and futures trading, users can progressively unlock corresponding cash bonuses and trading support, accumulating up to $1,500 in total rewards.
- Exclusive New-User Earn Specials: The campaign introduces a dedicated Earn channel for new registrants, featuring yield options with APYs reaching up to 666%, providing traders with flexible asset growth choices.
The design of the “August Summer Airdrop” aligns directly with Zoomex’s Q3 brand commitment: “Easy to Use. Transparent balance. Fair access to your earnings.” By featuring clear rules and transparent execution, Zoomex empowers traders at all skill levels to engage in a clear, controllable environment with tangible benefits.
Zoomex Marketing Director stated:
“Through the ‘August Summer Airdrop,’ we aim to offer global traders a sincere and user-friendly entry point into crypto trading. From the $100 BTC position voucher to our clear, condition-free tiered rewards, we are dedicated to eliminating complexity in the crypto derivatives space. At Zoomex, we firmly believe that transparent rules and clear product experiences form the cornerstone of long-term user trust.”
The event is now live on the Zoomex website and official mobile app. Users can view complete terms and join the campaign here.
About Zoomex
Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on the contract trading experience, serving over 3 million users across 35+ countries and regions. Tailored for traders who value speed, clarity, and control, Zoomex delivers a high-performance trading experience with clear asset and order displays, transparent fees and rules, and a continuously evolving trust framework—including Hacken security audits, Proof of Reserves (PoR), and compliance information—to provide users with a clearer and more efficient trading environment.
Beyond trading, Zoomex creates a premium brand experience through partnerships with the Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and initiatives in tennis. Zoomex extends the values of elite sports—speed, precision, discipline, fair play, and rule execution—into its contract trading product, ensuring brand expression remains fully consistent with user experience.
At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.
The post Zoomex Launches “August Summer Airdrop”: New Users Can Unlock Up to $1,500 in Combined Rewards and Exclusive Benefits appeared first on BeInCrypto.
James’ office described Kalshi’s event contracts as bets and said the platform takes wagers on professional and college sports, elections and culture. The lawsuit alleges Kalshi allows users aged 18 to 20 to wager and lists markets involving New York college teams, both prohibited for licensed sportsbooks in the state.
“New York’s gambling laws protect children from underage betting and help combat gambling addiction,” James said in the statement. “No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple.”
The World Cup helped boost Kalshi’s numbers, adding 3 million during the course of the tournament, according to CNBC. That’s more than double the 2 million the firm said it had at the start of May.
According to the attorney general’s statement, the lawsuit follows an October cease-and-desist order from the New York State Gaming Commission.
A federal judge denied Kalshi’s bid to block state regulators on July 7 and rejected an injunction pending appeal on July 27.
CoinDesk approached Kalshi for comment outside of regular U.S. office hours, and had not heard back by publication time.
- Bybit’s new simulator previews both Dual Asset settlement outcomes clearly.
- Redesigned interface reduces steps needed to compare terms and place orders.
- VIP-tier products with enhanced APR rates open to all users every Friday.
Bybit said on Friday that it had upgraded its Dual Asset product with a new investment simulator, a simplified interface and broader access to products carrying VIP-tier annual percentage rates.
The Dubai-based company, which describes itself as the world’s second-largest cryptocurrency exchange by trading volume, said the changes are intended to make the short-term structured investment product easier to understand and use.
Bybit Dual Asset is a non-principal-protected product that allows users to set a target price for buying or selling cryptocurrency.
Investors earn APR rewards on their principal at settlement, regardless of whether the selected target price is reached.
A simulator for settlement outcomes
The main addition is a simulator that lets users preview potential outcomes before placing an order. Traders can choose a token from a searchable list, enter their investment amount and select from the available durations.
The tool displays the two possible settlement scenarios side by side in a single illustration, giving users a clearer view of the product’s possible outcomes.
A “Match My Assets” filter also highlights coins based on a user’s existing holdings.
Bybit said this feature is designed to make product selection more efficient. Users can reach the simulator by switching on “Beginner Mode” under “Choose Product Plan”.
The company has also redesigned the wider Dual Asset interface. The updated layout reduces the number of steps needed to compare product terms and place an order.
VIP products open to all on Fridays
Bybit is also expanding access to Dual Asset products previously limited to VIP customers. Every Friday, all users will be able to access selected VIP-exclusive products with enhanced APR rates without holding a VIP membership.
The weekly access window extends the higher-rate offering to a broader section of the exchange’s user base while retaining the existing product structure.
Bybit said users can earn a competitive yield when a target trade is executed, settling at the preset price while also receiving APR rewards.
The product may also allow users to buy at a lower price or sell at a higher price than through a direct trade when the target price is reached.
When the target is not triggered, users receive their principal back together with the APR rewards accrued during the investment period.
The company noted, however, that the product remains non-principal-protected and that terms, eligibility requirements and potential restrictions apply.
UK millionaires fall to 442,000, lowest since 2008
Robinhood earns $160 target from Bernstein on tokenization and Rothera growth
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