Binance Wallet integrates with 42.space, enabling the launch of the "Event Rush" prediction market feature
On May 25th, Binance Wallet announced the launch of its new "Event Rush" feature, allowing users to trade on-chain tokens tied to real-world outcomes such as sports match results, cryptocurrency price targets, and news events.
Built on the BNB Chain via the 42.space protocol, the tool lets users transact with BSC-based USDT to buy outcome-specific Event Tokens. For example, each possible result of a sports match corresponds to a unique token, enabling users to place early bets and trade these tokens ahead of the event.
Binance explained users have two options after purchasing tokens: buy low and sell high based on market demand before the event ends, or hold until settlement. Correct predictions earn users a proportional share of the prize pool, while incorrect bets result in their token value dropping to zero.
Notably, Event Rush uses a Bonding Curve pricing mechanism instead of traditional odds models, supporting continuous trading with theoretically unlimited returns. The p
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Prometheum Bets on Wall Street Channel: The real missing piece of tokenized securities is not technology, but **distribution**
On May 25, U.S. digital asset infrastructure company Prometheum announced the launch of a digital brokerage solution for broker-dealers and Registered Investment Advisors (RIAs), enabling traditional brokerage accounts to directly offer trading, custody, and clearing services for tokenized securities and cryptocurrency assets.
Aaron Kaplan, Prometheum’s co-founder and co-CEO, stated that while the crypto industry has addressed the asset tokenization challenge, it hasn’t solved the distribution issue—leaving a large number of on-chain security products unable to reach mainstream investors.
Kaplan noted that billions of dollars in tokenized securities have already been issued on-chain, but a lack of support from traditional brokerage channels makes large-scale user adoption difficult. “If tokenized assets can’t enter the brokerage system investors already use, tokenization is just a solution without a real market,” he said.
Prometheum is betting that Wall Street’s traditional financia
8 minutes ago
Cross-Chain Protocol Squid Attacked, Over $3 Million Stolen in Two Hours
On May 25, on-chain security firm Blockaid announced it had detected a continuous attack on the SquidRouterModule across the Ethereum and Base networks. The two-hour incident drained 86 Gnosis Safe wallets, resulting in a total loss of roughly $3 million. The attacker later converted all stolen assets to DAI using a Uniswap V3 pool under their control. Blockaid added that an investigation into the breach is still ongoing. Notably, this comes shortly after Squid revealed it had closed a $6 million funding round led by North Island Ventures. Participants in the round include Ripple, Dialectic, Borderless Capital, Scenius Capital, plus angel investors backing the project such as Axelar, Ledger, Polymer Labs, Enso, and Peanut.
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The Kingdom of Bhutan has cumulatively sold 9,180 BTC at an average price of $98,067.
**EmberCN Monitor: Bhutan Sold 9,180 BTC Over 11 Months, Holds 3,021 Remaining**
On May 25, data from EmberCN’s monitoring shows the Kingdom of Bhutan has gradually offloaded 9,180 Bitcoin (BTC) over the past 11 months, generating $9 billion in proceeds at an average selling price of $98,067 per BTC.
Key updates:
- When the Bhutanese government’s official Bitcoin mining operations ceased in early 2025, the country’s peak BTC holdings hit 12,200 units.
- As of the latest report, Bhutan’s remaining BTC reserves amount to 3,021, valued at $2.34 billion.
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President Trump Releases 'White House Shooting Attempt' Legal Document, Urges Court to Lift Injunction on East Wing Security Project
May 25 — U.S. President Donald Trump revealed a legal filing from Washington, D.C.’s federal court in a Wednesday social media post, detailing an incident near the White House earlier this month that left one person dead and another seriously hurt.
The document notes that on the evening of May 23, a gunman fired a high-caliber weapon toward the White House from a spot just outside its security checkpoint. The U.S. Secret Service responded with return fire, killing the gunman and leaving a bystander with severe injuries.
Key to the filing: The May 23 attack is labeled “the second assassination attempt targeting the president in one month” — a claim the Trump administration is using to push the court to lift an existing injunction blocking the White House’s East Wing security renovation project. Planned upgrades for the project include bulletproofing, blast-resistant structures, anti-drone systems, and sniper defenses, all designed to boost overall White House security.
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8 minutes ago
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