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Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange

Key Takeaways UDX self-certified seven sports contract templates with the CFTC on July 15. Filings target first contract listings no later than July 17. Underdog bought Aristotle’s exchange and clearing entities in March. Underdog moves from distributor to exchange operator Underdog’s newly acquired exchange self-certified seven sports event-contract templates with the Commodity Futures Trading Commission…

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The Doom of Another Meme Coin or New Pump Loading?

Several market observers have labeled the meme coin a scam, warning investors to stay away from it. Earlier in July, the cat-themed meme coin defied the ongoing bear market by posting a whopping 2,000% weekly increase. Its ascent was primarily driven by the token’s affiliation with the official Robinhood platform, which recently introduced its…

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Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector

Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking down on unregistered operators, the government announced on July 17. The order establishes a new oversight framework to harmonize a regulatory environment described by officials as increasingly fragmented. The measure takes effect immediately. Government officials said…

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