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The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as “NHL” and “Stanley Cup,” and individual team names.The intellectual property package is the same that the league extends to sportsbook operators such as DraftKings, FanDuel, and BetMGM.The agreements formalize the push of prediction markets into sports betting, an…

U.S. President Donald Trump has pardoned Binance founder Changpeng Zhao, the White House confirmed to Decrypt on Thursday, marking the latest clemency for the digital asset industry from the crypto-friendly administration.Zhao, also known as “CZ,” resigned his position as Binance’s CEO in 2023 as part of a plea bargain that sent him to jail for four months in 2024 at a minimum security prison in Lompoc, California.The crypto mogul had pleaded guilty to violating U.S. laws against money laundering at the world’s largest cryptocurrency exchange. The Wall Street Journal first reported news of the pardon.“President Trump exercised his constitutional authority by issuing a pardon…

Moon Inc. (HKEX: 1723) has raised about US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans to expand across Asia. The company, a leader in prepaid connectivity and digital asset solutions, confirmed the successful HK$65.5 million fundraising earlier today. The round was supported by a consortium of Bitcoin miners and investors through the issuance of new shares and convertible notes, according to a note shared with Bitcoin Magazine.  “The successful completion of this private placement marks another critical milestone in Moon Inc.’s growth, and we are grateful for the confidence our new and existing…

XRP mirrors its 2017 breakout pattern, with analysts eyeing a potential 309% move to $9.90 as whale activity and volume surge. XRP is forming a chart pattern that resembles its behavior before the 2017 rally. Analysts are watching this development as the market tests key levels seen in the last major price surge. Current movements are taking place inside a long-standing channel structure that has guided XRP’s price action for over a decade. Price Moves Within Long-Term Channel A monthly chart shared by EtherNasyonaL shows Ripple’s token trading inside an upward-sloping channel that dates back to 2014. This structure…

In brief Neobank Revolut has secured a Markets in Crypto-Assets (MiCA) license in Cyprus. The license enables Revolut to provide and market crypto-asset services across all 30 markets in the EEA under MiCA legislation The move opens a path for Revolut to issue its own stablecoin, with the company having been in conversation with at least one crypto-native company regarding the venture, sources told Decrypt in June 2025. Revolut, one of Europe’s most popular digital banks, has obtained a Markets in Crypto-Assets (MiCA) licence from the Cyprus Securities and Exchange Commission (CySEC).The licence could allow Revolut to provide and market…

After President Trump pardoned CZ this morning, World Liberty Financial’s WLFI token jumped over 14%. Although the former Binance CEO seems unrelated to this Trump family venture, the rally highlights key dynamics. In essence, all these parties have become intertwined and formed a symbiotic relationship. On paper, Binance and the US President’s crypto empire can benefit from each other’s success.Sponsored Binance and Trump ExplainedThis morning, the crypto space was rocked by President Trump’s decision to pardon CZ, the former CEO of Binance. Since his former organization and the Trump family’s business interests are thoroughly entangled, this has raised community fears…

Polymarket bettors have now tipped a 12% chance that former FTX CEO Sam Bankman-Fried will be pardoned this year, after Binance CEO Changpeng “CZ” Zhao was let off the hook this week. Polymarket odds for “Who will Trump pardon in 2025” saw SBF’s odds rise from 5.6% to 12% in 12 hours, with more than $6.5 million worth of bets placed in that market, including $302,090 for the convicted crypto fraudster.Another market on whether SBF will be “Released from custody in 2025” rose from 4.3% to 19.1% before falling back to 15.5%. While SBF has filed an appeal to reduce his…

In brief Predictors on Myriad are leaning bullish while crypto majors range. Odds have swung back in favor of Bitcoin reaching $120K before $100K, and ETH hitting $4,500 before $3,100. With just two teams left, odds for the Los Angeles Dodgers to win the World Series have hit 70%. Crypto traders are undecided about which way the market is headed, as the top assets continue to range following recent, record-breaking liquidations. But some of the top markets on Myriad—which seek predictions about the next stops for Bitcoin and Ethereum—are swinging back into bullish territory, suggesting predictors are less uneasy than they…

US President Donald Trump’s pardon of Binance founder Changpeng Zhao marks the second major act of clemency toward a prominent crypto figure since he took office. And it has been less than a year.This latest development has sparked speculation over whether Sam Bankman-Fried could be next.Applause, Alarm, and a Surge in SpeculationThe news of Trump’s pardoning of Changpeng Zhao (CZ) today has caused various reactions, ranging from applause to alarm. While some crypto community members welcomed the news, critics raised red flags about potential conflicts of interest.Sponsored SponsoredWhat’s clear is that Trump’s latest pardon has sparked speculation about who might…

In brief A statue of a shark named “Bitcoinius Maximus” was unveiled last week. The art appeared at Bitcoin Alpha in Santa Monica. Bitcoin’s spirit has been portrayed through various animals. New York’s Charging Bull has boasted sharp horns near Wall Street for decades, but across the country, Bitcoin got its own mascot baring hundreds of razor-sharp teeth last week.At the Bitcoin Alpha “unconference” in Santa Monica, California, entrepreneurs unveiled an art piece recognizing Bitcoin’s spirit with a great white shark suspended in a glass box. The sculpture glowed under orange lights throughout the two-day gathering, serving as backdrop for dozens…