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Crypto

Binance links with Predict.fun, adds prediction market feature to wallet app

Binance is beta-testing a feature in its wallet app that lets users participate in on-chain prediction markets, The Block reported on Monday. The exchange is offering the feature through a third-party provider integration and is working with BNB Smart Chain-based protocol Predict.fun to integrate prediction markets into Binance Wallet. Users must set up a dedicated prediction account separate from a spot account to trade.

Crypto

Lido DAO proposes $20 million buyback to support LDO after 95 percent drop

Lido DAO has proposed buying back its governance token LDO by deploying up to 10,000 stETH, a plan reported by CoinDesk. The Lido ecosystem operating team said LDO is trading at a historically depressed valuation and suggested purchases worth about $20 million, based on an ether price of around $2,000. The key issue is how to execute the trades. The proposal allows routing via centralised exchanges and cooperation with market makers.

Crypto

Dunamu, Bithumb formalise IPO plans, differ on timing and approach

Dunamu, operator of Upbit, and rival Bithumb held annual shareholder meetings on Monday and formalised plans to pursue initial public offerings. Dunamu said it would push ahead with an IPO as soon as its merger with Naver Financial is completed, while Bithumb said it would strengthen internal controls through 2027 before seeking a listing. Bithumb shareholders also raised issues including a recent bitcoin mispayment and a Financial Intelligence Unit fine.