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CME Keeps 51% of Fanduel Predicts but Loses Its Sports Business

Flutter Entertainment will route every sports and novelty contract on Fanduel Predicts to Crypto.com’s exchange, leaving CME Group with only the financial markets on a venture CME majority-owns. The move comes three weeks after CME’s chief executive told analysts that many sports prediction markets amount to gambling. Flutter booked $6 million in market-making revenue in […]

Bitcoin.com NewsBitcoin.com NewsLuci Kelemen6 Aug

Emirates Launches Crypto.com Pay for Flight Bookings as Dubai Advances Cashless Strategy

Emirates has launched Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to pay for flights priced and settled in Emirati dirhams. The rollout allows customers with a Crypto.com account to select the payment service during checkout on emirates.com or through the Emirates App. Transactions are processed through Crypto.com’s […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman28 Jul

Citadel Securities-Backed Crypto.com Brings XYO and XL1 Into Regulated Custody

Crypto.com Custody will provide institutional-grade custody and liquidity services for XYO and XL1, the company announced Monday, marking XL1’s first listing on a major exchange since its token sale. The deal gives eligible institutions and high-net-worth clients a regulated path to store, manage, and swap both tokens without moving assets onto an exchange first. A […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman27 Jul