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Crypto

Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets

Vitalik Buterin, co-founder of Ethereum, criticised structural flaws in prediction markets and described how he profited by betting against irrational crowd sentiment. He warned that prediction markets are turning into gambling-like products and urged a shift toward hedging strategies. Buterin said he made about a 16 percent return by placing roughly $440,000 in bets on Polymarket and earning $70,000. He also outlined a hedging-based finance model that could ultimately replace fiat money.

Games & Commerce

GRAC appoints 10-member committee for random item redress, to link with content dispute system in H2

The Game Rating and Administration Committee, under South Korea\'s Ministry of Culture, Sports and Tourism, said it appointed 10 members to a subcommittee on redress for damage linked to random items. Members include user groups, business groups and legal and institutional experts, with one-year terms renewable. The committee will deliberate on case reviews and reinvestigation decisions. GRAC plans to link its redress centre system with the Content Dispute Mediation Committee in the second half.

Games & Commerce

KOCCA seeks projects for 2026 global game localisation support

The Korea Creative Content Agency and the Ministry of Culture, Sports and Tourism said on April 27 they will recruit projects for the 2026 global game localisation support programme until May 8. The programme will support about 30 game projects with three rounds of overseas user testing across five regions: North America, Europe, Asia, the Middle East and Central and South America. Selected projects will receive one offline and two online evaluations.