Spot Gold Breaks $4060/oz, Up 1.47% Today

Prediction market platform Predict.fun posted "Soon" on X, alongside an animation of a purple coin emblazoned with the letter "P", hinting that its Token Generation Event (TGE) date is approaching.

Per its official announcement, Binance will roll out multiple TradFi (Traditional Finance) US dollar-margined perpetual contracts on October 6, covering USDEX, VKTX, MCD, and AKAM, with maximum leverage of 20x. The specifics are: The USDEX/USDT perpetual contract will go live at 9:00 UTC, with its underlying equity being StablecoinX Inc. Class A Common Stock (Nasdaq: USDE); The VKTX/USDT perpetual contract will launch at 9:05 UTC, tracking common stock of Viking Therapeutics (Nasdaq: VKTX); The MCD/USDT perpetual contract will go live at 9:10 UTC, corresponding to common stock of McDonald's Corporation (NYSE: MCD); The AKAM/USDT perpetual contract will launch at 9:15 UTC, tied to common stock of Akamai Technologies (Nasdaq: AKAM).

According to OnchainLens monitoring, Amber Group received 4.669 million ENA tokens from Ethena, valued at approximately $1.14 million.

Ondo Finance has announced the launch of Ondo Private Markets, which enables investors to gain on-chain economic exposure to top private companies through tokenized notes. Its first offering will target a pre-IPO artificial intelligence firm, with trading set to open on secondary markets this week. The platform later plans to expand to private enterprises in sectors including robotics, cybersecurity, biotech, and infrastructure. Ondo clarifies that these tokens do not correspond to company stock or equity; instead, tokenized notes grant holders exposure to the performance of the company’s common stock during eligible liquidity events such as IPOs or mergers and acquisitions. The tokens are freely transferable on-chain and can be integrated with the DeFi ecosystem. Built on Ondo’s existing on-chain asset infrastructure, its combined tokenized stock and U.S. Treasury platform holds roughly $3.7 billion in total value locked (TVL) and has over 1 million cumulative holders. Ondo Finance notes that most large U.S. companies remain private—approximately 87% of firms with annual revenue exceeding $100 million are unlisted, making early growth opportunities difficult for traditional investors to access. Ondo Private Markets aims to provide a more flexible trading channel via blockchain secondary markets, allowing eligible investors to adjust their private market exposure around the clock.

According to a report by Financial Daily, Polymarket has filed a lawsuit with the Hague Court, seeking to overturn the Dutch ban on it and restore its market access. The Dutch Kansspelautoriteit (Ksa) classified Polymarket as an unlicensed gambling platform rather than a prediction market in February this year, ordering it to cease services to Dutch users. Since Polymarket suspended services past the deadline, Ksa has imposed a fine of 420,000 euros. Polymarket intends to argue in court that its event contracts are more similar to financial products such as futures, and should be regulated by the Authority for the Financial Markets (AFM) instead of Ksa.

According to Lookonchain’s monitoring, a trader has been steadily buying MEME tokens over the past month, spending roughly $1.22 million to purchase 30.65 million MEME, making them the largest holder of the MEME token. The trader’s unrealized loss on their MEME holdings now stands at approximately $708,000, representing a loss of around 58%. Despite the steep unrealized loss, the trader has not halted their buying activity—they continued to add to their MEME holdings as recently as 10 hours ago.