Binance has introduced a new feature allowing users to participate in on-chain Prediction Markets through its Wallet platform. The integration with Predict.fun, a leading decentralized prediction market provider on the BNB Smart Chain (BSC), opens opportunities to trade probability-based outcomes across sports, economics, world events, culture, and crypto. Users can now take positions on real-world events using funds from their Spot and Funding Accounts without complex setup or additional wallets.

Key Features and Benefits

The Prediction Markets integration offers a seamless and secure experience for Binance Wallet users. Access is enabled with a single click, and Binance covers all gas and transaction fees, providing a fully “gasless” trading environment. Users can place Market Orders or Limit Orders, giving flexibility for different trading strategies. The integration uses Binance Wallet Keyless MPC technology, ensuring security while allowing users to interact with on-chain markets without exposing private keys.

Trades are straightforward: each market features YES and NO outcomes represented by shares priced between $0.01 and $0.99. The share price reflects collective market belief in the likelihood of an event. When the market resolves, the correct outcome pays $1 per share, providing clear potential returns.

How to Access and Trade

To begin, navigate to the [Markets] tab in the Binance App and select the [Prediction] section in supported regions. First-time users will need to create a Binance Wallet Prediction Account, which automatically generates a secure Keyless Wallet for trading. Users can fund their Prediction Account directly from existing Spot and Funding balances or top up manually. Trades are executed with a choice of Market or Limit Orders, and positions, winnings, and trading history are tracked under [Assets] > [Prediction].

Important Notes

Prediction Markets on Binance Wallet are powered by a third-party DApp, Predict.fun, and Binance does not act as a counterparty. Accessibility may vary by region, and users are encouraged to review Predict.fun for detailed market information. While translations are available, the English version remains the authoritative source for accurate details.

This launch represents a significant step in expanding retail access to on-chain probability trading, combining security, usability, and flexibility within the Binance Wallet ecosystem. Users can now explore real-world predictions in a transparent, gasless, and secure environment, opening new possibilities for decentralized finance engagement.

DeFi & FinTech, Markets & Trading, News, Technology & Security

Canary Capital has filed an application with the US Securities and Exchange Commission to launch a spot exchange-traded fund (ETF) tied to the price of Pepe. The proposed CANARY PEPE ETF would directly hold the token, offering investors exposure to the memecoin through traditional financial markets.

According to the filing, the ETF would store its PEPE holdings with a custodian and may allocate up to 5% of its assets in Ether to cover transaction fees on the Ethereum network. This structure reflects how blockchain-based assets require operational reserves to manage onchain costs.

The move highlights Canary Capital’s growing focus on expanding its crypto ETF lineup beyond major assets. The firm already offers or has proposed ETFs tied to tokens such as XRP, Solana, Hedera and Sei, signaling a broader push into altcoin-based investment products.

PEPE’s Market Position and Risks

Despite the ETF filing, PEPE remains a highly volatile asset. The token surged in popularity during 2024, driven largely by social media momentum and retail investor interest. However, it is still trading significantly below its all-time high reached in December 2024.

While PEPE ranks among the more prominent memecoins, it remains much smaller than Dogecoin, the sector’s largest token by market capitalization. Its investor base is also relatively concentrated, with a small number of wallets holding a substantial portion of the total supply.

Canary Capital acknowledged these risks in its filing, noting that concentrated ownership could amplify price volatility and impact liquidity. Such dynamics may present challenges for an ETF structure, particularly during periods of market stress or rapid price swings.

Growing Trend of Altcoin ETF Filings

The PEPE ETF proposal is part of a broader wave of filings aimed at expanding crypto investment products beyond Bitcoin and Ethereum. Industry analysts have suggested that future market cycles could depend on the availability of ETFs covering a wider range of digital assets.

However, some experts argue that institutional demand may not extend equally to all tokens. According to market observers, investors are increasingly focused on assets that generate yield or have clear revenue models, rather than purely speculative tokens. This could limit the appeal of memecoin-based ETFs despite growing curiosity in the space.

Still, the number of ETF applications is expected to rise as regulatory clarity improves. Market participants anticipate that evolving legislation could open the door for more diverse crypto investment vehicles in the United States.

Regulatory Uncertainty Remains

The filing also underscores ongoing regulatory uncertainty in the US. Rules governing cryptocurrencies, stablecoins, and blockchain infrastructure continue to evolve, which may affect both the approval process and long-term viability of such products.

Delays in broader crypto legislation, including debates around stablecoin regulation, have slowed the pace of approvals for new financial products. This creates an unpredictable environment for issuers like Canary Capital seeking to innovate in the ETF market.

Even so, the firm’s willingness to pursue a memecoin ETF reflects growing confidence that investor appetite exists for more experimental and high-risk digital assets within regulated frameworks.

If approved, the CANARY PEPE ETF would mark a notable milestone, bringing one of the internet’s most recognizable memecoins into the realm of traditional finance and potentially reshaping how speculative crypto assets are packaged for institutional and retail investors alike.

DeFi & FinTech, Markets & Trading, News

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), has reached a settlement in its long-running lawsuit against artists Ryder Ripps and Jeremy Cahen, who were accused of producing and selling copycat NFTs. The agreement brings an end to a legal battle that began in 2022 and has since become one of the most closely watched intellectual property cases in the NFT space.

Court filings in the U.S. District Court for the Central District of California confirmed that both parties agreed to resolve the dispute, avoiding a jury trial that had been scheduled following a series of appeals.

Terms of the Settlement Agreement

As part of the settlement, Ripps and Cahen are permanently prohibited from using Yuga Labs’ trademarks, imagery, or branding associated with BAYC. They are also required to transfer control of all related assets from their RR/BAYC project to Yuga Labs within 10 days.

These assets include smart contracts, domain names, and any remaining NFTs tied to the disputed collection. The court further ordered that the artists must not attempt to transfer, conceal, or dispose of any related assets in a way that would interfere with compliance.

The settlement effectively consolidates control of the disputed NFTs under Yuga Labs, reinforcing the company’s claims over its intellectual property and brand identity in the digital asset space.

Background of the Legal Battle

The case dates back to June 2022, when Yuga Labs filed a lawsuit alleging that Ripps and Cahen had copied the distinctive cartoon ape images from the Bored Ape Yacht Club collection and sold them as part of a separate NFT project. Yuga argued that the artists misled buyers and generated millions in revenue by capitalizing on confusion between the two collections.

In response, the artists claimed their RR/BAYC NFTs were intended as satire and artistic commentary, arguing that their work was protected under free speech laws. This defense became a central issue in the case, raising broader questions about parody and intellectual property rights in the context of NFTs.

In April 2023, a court ruled in favor of Yuga Labs, finding that the artists had violated copyright laws and awarding damages of $1.37 million, along with additional penalties. The total financial liability later increased to approximately $9 million after further legal developments, including the dismissal of counterclaims.

Appeals and Final Resolution

Despite the initial ruling, the legal battle continued. In 2025, an appeals court vacated the earlier judgment and called for a jury trial to determine whether trademark infringement had occurred. This decision prolonged the dispute and introduced further uncertainty over how courts would interpret NFT-related intellectual property claims.

The newly reached settlement avoids that trial and brings closure to the case without a final jury verdict. While specific financial terms of the settlement were not disclosed, the agreement’s conditions strongly favor Yuga Labs in terms of asset control and brand protection.

DeFi & FinTech, Markets & Trading, News, NFTs & Collectibles