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Foresight News: According to Bloomberg, PredictIt, a market initially focused on political predictions, announced that its operator Aristotle has received licenses from the U.S. Commodity Futures Trading Commission (CFTC) to operate an exchange and clearinghouse, which are key elements for processing trades on prediction market exchanges. The company's application had been pending since the end of 2021. PredictIt stated that the new exchange is planned to launch in October. In recent months, the CFTC has approved a series of new prediction market exchanges. This latest regulatory approval further expands the number of regulated companies, allowing customers to place bets on a variety of outcomes such as interest rate changes, sports tournaments, and political results.

Foresight News reported that CyberKongz has announced the TGE will take place tomorrow, and the KONG token airdrop eligibility check is now open. 2% of the KONG token supply will be distributed to active OpenSea users from 2023 to the present. Specifically, addresses with a trading volume exceeding $10,000 can claim 1,650 KONG; addresses with a trading volume exceeding $100,000 can claim 11,250 KONG. The token claim will be on a first-come, first-served basis, and users can claim tokens tomorrow at 21:00 (UTC+8). According to previous Foresight News reports, CyberKongz will replace its original token BANANA with the new token KONG. KONG will be issued on the Ethereum mainnet with a total supply of 1 billion tokens. BANANA can be converted to KONG at a ratio of 1:25 (conversion will be available at TGE).