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Crypto
Coinbase launches ultra-short-term betting market: will bitcoin rise or fall in 15 minutes
Coinbase launched an ultra-short-term price prediction market for U.S. users covering 10 cryptocurrencies including bitcoin and ether. The contracts let users predict whether prices will rise or fall over 15-minute or 1-hour intervals. Coinbase CEO Brian Armstrong announced the launch, saying users can choose the asset, time window and direction. The market is operated by Kalshi under U.S. CFTC regulation, with Coinbase Financial Markets providing the contracts.
Games & Commerce
Naver starts open beta for N Delivery FBN, expands to dawn and Sunday deliveries
Naver said on Wednesday it has started an open beta for its new logistics solution, N Delivery by Naver, or N Delivery FBN. The company aims to reduce Smart Store sellers’ logistics management burden while expanding delivery product categories and time slots for users. The service provides one-stop fulfillment support with partner logistics firms. Naver also plans to broaden eligible products and add dawn and Sunday delivery for FBN items, and streamline returns from August.
Crypto
Polymarket files for U.S. margin trading, seeks futures broker registration
Polymarket has submitted an application to provide margin trading in the United States. If approved, users would be able to bet on events with less capital than usual. The Block, citing the National Futures Association’s BASIC system, reported that ComingHome GBA sought approval related to futures commission merchant registration through PM Derivatives. Full rollout of leveraged trading would also require approval from the Commodity Futures Trading Commission.