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Kalshi Hit With Class Action Over Iran Supreme Leader Prediction Market Payout Terms
Prediction platform Kalshi is facing a class action filed in the US District Court for the Central District of California over how it settled a market on whether Iran's Supreme Leader Ali Khamenei would leave office by March 1. Plaintiffs say a "death carveout" rule applied after reports of Khamenei's death on Feb. 28 led to partial payouts based on the final traded price instead of the full $1 per winning contract, while Kalshi argues the clause was meant to stop users from profiting directly from a person's death and later reimbursed fees and net losses.
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Dubai VARA Orders KuCoin-Linked Firms to Stop All Operations Over Licensing Breach
On 7 March 2026, Dubai's Virtual Assets Regulatory Authority ordered several entities connected to KuCoin to halt all virtual asset activities in the emirate for operating without the required VARA license. The notice bans KuCoin-branded marketing and alleges the exchange misrepresented its regulatory status, leaving Dubai users without local investor protections and potentially exposed to legal consequences if they continue using the platform. KuCoin faces additional regulatory penalties in the U.S., Canada, and Austria despite a stated compliance-first shift under CEO BC Wong since January 2025.
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AVAX One’s $40M buyback and 2.4M-share repurchase reshape outlook for AVAX rally prospects
AVAX One recently completed a repurchase of 2.4 million shares under its $40 million buyback program, a move its CEO framed as disciplined capital allocation and a sign of long-term confidence. At the same time, derivatives data show AVAX Open Interest edging higher and large holders accumulating on spot and futures markets, while buyers gain the upper hand in futures order flow. Despite this, the token remains below its EMA and key resistance near the $10 level, leaving the technical picture cautiously bullish but not yet confirmed.
AVAX
AVAX+1.11%
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Solana Price Reverses Mid-Week Surge As Analysts Warn Of Potential 2022-Style Correction
As the crypto market pulls back, Solana has surrendered its recent rally, slipping 7% on Friday to revisit the $84 zone after briefly touching $94.05 earlier in the week. Analysts highlight that SOL has fallen back into its $78–$88 range and warn that a monthly close below $123.28 and $99.06 could mirror its 2022 downside pattern. At the same time, spot Solana ETFs remain resilient, with $1.5 billion in inflows and roughly half coming from institutional investors despite the token trading 57% below its July launch level.
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SOL
SOL+0.13%
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YZi Labs commits $100 million to Hash Global's BNB fund as BNB nears $85 billion value
On March 7, 2026, YZi Labs committed $100 million to Hash Global's BNB-focused fund, expanding institutional access to the Binance ecosystem token. The fund, launched in June, recorded a 32.5% return by the end of August, while BNB traded at $623.55 with a market capitalization of about $85 billion. Hash Global noted that the strategy gives institutional investors structured exposure to BNB and collaboration opportunities across the BNB Chain ecosystem.
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BNB
BNB+0.69%
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Pump.fun team shifts 1.75B PUMP to Bitget as traders weigh sell-off risks
In the early hours of 6 March, a wallet linked to Pump.fun moved 1.75 billion PUMP, worth about $3.54 million, and an additional 5,000 PUMP to the Bitget exchange. While PUMP's price slipped 1.73% and trading volume fell 21% to around $100 million, netflows and on-chain data suggest the market is still absorbing potential selling pressure. Recent spot buying averages roughly $691,000 per day and launchpad volume has climbed to $101.8 million, even as distribution trends since November 2025 point to ongoing sell pressure.
PUMP
PUMP+0.47%
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