Odaily Planet Daily reports that Spain's General Directorate of Gaming (DGOJ), under the Ministry of Consumer Affairs, has ordered internet service providers to temporarily ban prediction market platforms Polymarket and Kalshi. The regulator believes that the two platforms, by offering prediction-based betting products based on future events to local users without obtaining a Spanish gambling license, may be violating local gambling laws. Spanish authorities stated that unlicensed platforms lack necessary consumer protection measures such as identity verification, protection of minors, and self-regulation mechanisms. The report states that the investigation is expected to last three to four months. During the investigation, Spanish users will receive risk warnings when visiting the relevant websites. The regulator may subsequently take measures such as fines, permanent restrictions, or requiring local licenses. (crowdfundinsider)

According to crypto analyst Ai Yi (@ai_9684xtpa), Machi Laoge had 5,950 ETH long positions liquidated 20 minutes ago, resulting in a loss of approximately $555,000. His total losses from this round of ETH long trading amount to approximately $1,095,000. Ai Yi stated that this is the first time Machi Laoge has triggered liquidation in 10 days; the previous liquidation resulted in a loss of approximately $467,000. Data shows that his cumulative losses over the past 30 days have reached $4,009,000.

According to Odaily, the South Korean National Police Agency has established a special task force to combat cryptocurrency money laundering. The task force is headed by the head of the Economic Crime Investigation Division, with participation from the Cybercrime Investigation Division, Cyber Terrorism Response Division, Violent Crime Investigation Division, Narcotics Crime Investigation Division, and Criminal Intelligence Division. Police stated that Tether is being abused as a tool for illegal money laundering, and unregistered virtual asset exchange providers are proliferating throughout Seoul. Police plan to crack down on money laundering as a separate crime and apply the Specific Financial Information Act to unregistered virtual asset service providers suspected of violations. Police have also secured a budget of 100 million won for cryptocurrency tracking training. Previously, some bank accounts linked to domestic exchanges were suspected of being used as money laundering channels after the daily deposit limit was increased from 5 million won to 500 million won.

In the past hour, total liquidations across the network reached $248.61 million, with $241.36 million from long positions, with $7.25 million from short positions. BTC liquidation $105.24 million, ETH liquidation $88.88 million.

Odaily Planet Daily reports that the Public Relations Department of Iran's Islamic Revolutionary Guard Corps issued a statement on the 28th, stating that the US military launched an airstrike on a location on the outskirts of Bandar Abbas in the early hours of the day, and subsequently the Islamic Revolutionary Guard Corps launched an attack on the US airbase that carried out the attack. (Xinhua)