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PitchBook provided a valuation scenario for Kalshi, with a maximum of 42.1 billion USD

According to a 46-page report from financial investment data company PitchBook, the market platform Kalshi has a baseline scenario valuation of approximately $30.4 billion, a peak valuation of about $42.1 billion during strong market performance, and a pessimistic scenario of $22.8 billion. Kalshi completed a $1 billion Series F financing in May this year, with a post-money valuation of $22 billion.PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profits reaching $3.7 billion, and believes that partnerships with platforms and market makers such as Robinhood and Susquehanna will help consolidate market share. The report lists the regulatory risks of the sports prediction market as a key variable affecting valuation, with data showing that the sports market currently contributes about 69.9% of Kalshi's event fee revenue; if Exotics products such as multi-event combinations are included, the proportion rises to 82.4%.Several states in the U.S. and Native American tribes are suing over the legality of Kalshi's sports prediction products, and related cases have created discrepancies between federal appellate courts, with the Supreme Court expected to intervene next year. PitchBook believes that even if the final ruling is unfavorable to Kalshi, the company may still adjust its business model through state-level licensing and the development of non-sports prediction products, but a significant decline in sports revenue will still notably impact its growth expectations.

Gate Idle Money Treasure adds support for USD1, with a maximum annualized return of 8.16%

According to the official announcement, Gate Idle Money has added support for USD1. Starting from September 23 at 14:00 (UTC+8), users holding USD1 in their trading account (spot account) or contract account can enable Idle Money with one click to automatically earn interest, with the current annualized yield at 6.8%. This USD1 Idle Money activity is jointly launched by Gate and World Liberty Financial (WLFI).The 6.8% annualized yield includes 1.5% USD1 interest and 5.3% WLFI rewards, and the actual yield will be dynamically adjusted daily based on the reward budget and the platform's effective holding amount of USD1. Users with a contract trading volume of 150,000 USD1 or more in the past 30 days can enjoy a maximum of 1.2 times annualized yield enhancement on a holding of up to 500,000 USD1, with the enhanced annualized yield reaching up to 8.16%. The earnings are calculated using a daily snapshot mechanism and will be automatically credited to the spot account on T+1.Currently, Idle Money supports various stablecoins such as USDT, USDC, and USD1. Once enabled, users do not need to subscribe, exchange, or lock up their funds; eligible stablecoin balances will automatically participate in the earnings calculation, while the funds can still be used for trading. The earnings from Idle Money mainly come from underlying assets such as U.S. Treasury bonds, money market funds, on-chain staking, and RWA. In addition, the interest-earning feature for holding USD1 will end soon, and the specific end date will be announced separately.

Binance Security Announcement: Please iPhone users check if FomoPeek is installed, as it can exploit iOS vulnerabilities to gain maximum access to the device

Binance Wallet Security Announcement: iPhone users please check if you have installed the FomoPeek application. Binance has noted a recent security incident disclosed by the community. According to security companies such as SlowMist, the third-party application FomoPeek (versions 1.1-1.2) contains malicious code that can exploit vulnerabilities in the iOS system to gain maximum permissions on the device and may access sensitive data stored on the device, including private keys, mnemonic phrases, login credentials, chat records, files, etc. Please note that such malware directly attacks the device itself. If the attack is successful, all application data on the affected device may be accessed.Please check the following:Are you using an iPhone or iPad running iOS 26.x or earlier?Have you installed the FomoPeek application?If both of the above apply to you, it is recommended to take the following steps immediately:Delete the FomoPeek application and do not reinstall it.Update the iOS system to the latest version.For users with self-hosted wallets: Create a new wallet on a device that has never installed the application and transfer assets to the new wallet address.If you notice any unusual asset activity, please retain the affected device and relevant evidence, and contact customer service for further investigation.At the same time, all users are reminded: Do not install applications from untrusted sources and keep your device software up to date.

first_img HBO Max account was hijacked, and 108 malicious ads were placed to steal cryptocurrency assets

Cybersecurity company Hudson Rock disclosed that the Reddit verified account of the streaming service HBO Max was hijacked earlier this month and deployed 108 malicious ads within approximately 48 hours. These ads used a non-existent HBO Max native macOS application as bait, luring users to open Terminal or PowerShell and paste malicious commands, a technique known as ClickFix.Researchers named this operation PasteSwitch, and its delivery system adapts based on the visitor's device and the advertised software. Observed Mac payloads include MacSync and Atomic macOS (AMOS) information-stealing trojans, targeting browser credentials, Telegram data, Apple Notes, saved passwords, and cryptocurrency wallet recovery phrases. The malware also utilized Binance Smart Chain contracts as variable C2 address delivery points and was associated with a cryptocurrency clipboard hijacker that replaces clipboard wallet addresses.According to Malwarebytes, Reddit administrators have suspended the related ads and initiated a security investigation following reports. The report did not specify how the account was compromised or the number of victims, nor was there evidence found that the HBO Max streaming service itself was breached. The ClickFix technique has previously been used multiple times in attacks targeting cryptocurrency users, including approximately 2,000 compromised WordPress sites and malicious activities disguised as CAPTCHA.
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