Gate News, April 12. Lookonchain monitoring shows that the well-known trader “Maji” saw their 13-win streak come to an end. Due to the market downturn, they just closed a Bitcoin long position, incurring a loss of about $192k.

Gate News update, April 9, a South Korean court issued a ruling in an administrative lawsuit filed by a certain CEX operator against the Financial Intelligence Unit (FIU), deciding to overturn the prior three-month partial business suspension order. The court said that, in the absence of clear implementation guidance from the regulator, the operator had taken measures including customer undertakings and internal monitoring and had met its reasonable obligations. Although there is still debate over whether the measures are sufficient to fully prevent transactions with unreported counterparties, they do not support the earlier penalty decision.

American prediction market platform Kalshi made progress in its legal dispute with the state of New Jersey, as a court ruled that its contracts fall under federal regulation and are not gambling. The decision emphasized that the product meets the definition of a “swap transaction,” protecting Kalshi’s operations within the state. This case marks the first time a federal court has considered the legality of a prediction market, and increased attention will be paid to a unified regulatory framework going forward.

On Polymarket, one account staked $170,000 on the Mavericks to beat the Spurs, with odds over 70%. The Mavericks’ current record is 39 wins and 37 losses, ranked 8th in the Western Conference; the Spurs are 57 wins and 18 losses, ranked 2nd. Victor Wembanyama may be sidelined.

On April 2, an account on the Polymarket platform placed a $160,000 bet that the Spurs would beat the Warriors. This account has made a profit of more than $1.7 million. The Spurs currently have a record of 57 wins and 18 losses and are ranked 2nd in the Western Conference.

In the upcoming NBA regular season, an account made a large bet on the Bulls winning on Polymarket, placing a total wager of $540,000. The Bulls currently stand at 29 wins and 46 losses, while the Pacers are 17 wins and 58 losses. The game will be played at 8:00 PM Beijing time today.

Gate News message. On March 31, in Polymarket's "NBA regular season Spurs vs Bulls" prediction event, an account (address: 0x05f6027ceb5b8db472bb716d3ed574c199118cec) with a win rate over 78% purchased a $240,000 bet on the Spurs to beat the Bulls; the opening price was $0.95. The NBA regular season Spurs vs Bulls game kicks off at 8:00 AM Beijing time today. Currently, the NBA regular season is in its final stretch; the Spurs record is 56 wins and 18 losses, ranking 2nd in the Western Conference; the Bulls record is 29 wins and 45 losses, ranking 12th in the Eastern Conference.

The 2025 Turing Award has been awarded to IBM Fellow Charles H. Bennett and University of Montreal Professor Gilles Brassard in recognition of their pioneering contributions to quantum information science, particularly the development of the BB84 quantum key distribution protocol, which laid the foundation for quantum cryptography.

On Polymarket prediction event, an account bet $54,000 on BLG to defeat G2, with an opening price of 82¢. This is LOL's first international event in 2026, with BLG defeating BFX 3:2 in the first round and G2 defeating TSW 3:0. The match will take place at 9 PM tonight.