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BlockBeats News, February 19th. A recent federal lawsuit filed by Polymarket against Massachusetts may determine whether the regulation of the U.S. prediction markets falls under federal or state jurisdiction. In the lawsuit, Polymarket argues that Congress has granted the exclusive regulatory authority over "event contracts" (such as sports, politics, and other prediction markets) to the U.S. Commodity Futures Trading Commission (CFTC), thereby prohibiting state governments from independently banning or regulating these platforms. The lawsuit aims to block potential enforcement actions by Massachusetts Attorney General Andrea Campbell, as the state court had previously issued a preliminary injunction against Polymarket's competitor, Kalshi, deeming its sports-related contracts as unlicensed sports betting. The regulatory conflict between the U.S. federal government and states is escalating. Prediction market platforms claim that they fall under the CFTC-regulated derivatives market and can operate nationwide. However, states like Massachusetts and Nevada consider them a "sports betting loophole" to circumvent state gambling laws, leading to multiple lawsuits and injunctions. The outcome of Polymarket's appeal could reshape the regulatory framework of the U.S. prediction market, determining whether these platforms can evade state-level gambling regulations or must comply with different state rules. It may even potentially be appealed to the U.S. Supreme Court.

This financial report comprehensively demonstrates the company's operational resilience and effectiveness in strategic execution amid a complex shipping market environment. Despite ongoing global supply chain fluctuations impacting the industry, Navios Maritime Partners has maintained stable cash flow generation through meticulous fleet management and long-term charter strategies. The fourth quarter results reflect the company’s agile response to market changes, while the full-year data highlights the sustainability of its long-term value creation path. Notably, against the backdrop of an accelerating green shipping transition, the company’s capital allocation towards eco-friendly vessels is gradually showing results. Management emphasized in the report that they will continue to optimize fleet structure and seize industry consolidation opportunities brought by decarbonization regulations.

Bitdeer announced that it will raise $300 million through the issuance of convertible senior notes, depending on market conditions and other factors. The company also plans to grant the initial purchasers of the notes an option to purchase up to an additional $45 million principal amount of notes within 13 days from the initial issuance.