Daily News Summary 12/10

Analyses

October 12, 2024 Tóth Balázs

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Arkham Launches Derivative Trading Platform

Blockchain analytics firm Arkham Intelligence is planning to launch a crypto derivative trading platform for retail traders, with regulatory approvals to be obtained in the Dominican Republic. The trading volume for crypto derivatives has been growing exponentially, surpassing $3 trillion in September compared to $1.5 trillion in the same period last year.

Karate Combat to Launch New Platform on Hedera

The professional sports league Karate Combat, which has already expanded into the Web3 space, plans to launch UP, a Hedera-based layer-2 blockchain and crypto-native software licensing platform, in the first quarter of 2025. The KC Up Only Gaming software stack will enable KARATE token holders to earn additional tokens by accurately predicting KC fight outcomes. The UP token is expected to launch in 2025.

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