News linked to both this project and an event.
Odaily News - Gate has launched an Innovation Board stock trading section, further expanding the platform's stock asset coverage and providing users with more diverse global stock trading options. Currently, 40 popular stocks have been listed, including CXMT, Unitree Robotics, CATL, and others. With the addition of the Innovation Board, Gate Stock now covers multiple major markets including US stocks, Hong Kong stocks, Korean stocks, and the Innovation Board, supporting 12,540+ stocks and ETF assets, with industry-leading asset coverage.Meanwhile, according to RootData data, Gate ranks first globally in the derivatives composite score with 96 points, standing out in dimensions such as the number of contracts, 24-hour trading volume, market share, and liquidity; the spot composite score ranks second globally with 79.55 points. As more stock assets continue to be integrated, Gate is further strengthening its multi-asset trading ecosystem.
According to Cointelegraph, the Hong Kong Monetary Authority (HKMA) recently published a quantum security white paper and launched the industry's first Quantum Preparedness Index (QPI) to assess the banking sector's readiness to address quantum computing security threats. Survey results indicate that the overall QPI score for the banking sector is only 2.3 out of 10, with approximately half of the surveyed institutions yet to formulate formal post-quantum security plans. The HKMA aims for the entire industry to achieve a full score by 2030. The white paper points out that once quantum computers are capable of running Shor's algorithm at scale, they could potentially break existing RSA and elliptic curve encryption systems, thereby threatening the security of financial transaction authorization, authentication, and trust mechanisms.
Barry Silbert, Founder and CEO of Grayscale's parent company DCG, disclosed via a repost on X that Kraken is about to list Bittensor subnet Alpha tokens. The first batch of listed tokens includes: Chutes, Targon, Score, Ridges AI, Hippius, etc.
According to official news from XBIT DEX, on June 11, the leverage function of the XBIT DEX prediction market was officially launched. High-liquidity markets will initially support up to 5x leverage. The "XBIT World Cup Event" commenced on the same day, featuring a total prize pool of 1.1 million USDC, and will run until the final on July 19.The prediction market for the opening match, Mexico vs. South Africa, is now open. Current market expectations indicate a 69% probability of a Mexico win, 21% for a draw, and 11% for a South Africa win. Markets covering outcomes such as Match Winner, Handicap, Over/Under, Correct Score, and Corners have been launched simultaneously, spanning 48 teams and 104 matches.During the event, both contract trading and prediction market trading will earn prediction vouchers, which can be used to participate in the daily feature match. Correct predictions will split the prize pool for that match. The single-match prize pool increases as the tournament progresses, with the final offering a maximum of 150,000 USDC. Additionally, dual leaderboards for contracts and the prediction market have been established.
gaming-focused blockchain Ronin has announced its migration to an Ethereum Layer 2 network on May 12. The underlying architecture will utilize the OP Stack and integrate EigenDA as the data availability layer. Chain operations are expected to be paused for approximately 10 hours during the migration. The team advises users to unstake their RON in advance or allow the system to handle it automatically after the migration is complete.Following the upgrade, RON's annual inflation rate is projected to decrease from over 20% to less than 1%. Additionally, the treasury will gain new revenue streams from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "proof of allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.