Day: June 6, 2026

Yuno Provides Corporate Update as It Advances Toward Launch, Expands Leadership Team with Talent from Binance, and Positions for Global Prediction Market Growth

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NEWARK, N.J., June 05, 2026 (GLOBE NEWSWIRE) — Yuno, an emerging prediction markets platform focused on building global infrastructure for event-based trading and social participation, today provided a corporate update highlighting key milestones achieved ahead of launch, including leadership expansion, product development progress, international market strategy, and continued investment in regulatory infrastructure.

The update comes amid accelerating global growth across prediction markets, a category increasingly attracting retail traders, institutional attention, digital asset participants, and mainstream audiences seeking new forms of information discovery and event-driven trading.

Yuno is developing what management describes as a next-generation prediction market ecosystem designed to combine event contracts, social participation, creator-driven market infrastructure, and real-time trading experiences into a single platform optimized for international expansion.

The company believes prediction markets remain in the early stages of global adoption despite rapid growth across the sector over the past several years.

“Prediction markets are evolving from niche internet products into a new financial category,” said Sigmund Holtz, Co-Founder and CEO of Yuno. “We believe users increasingly want experiences that combine market participation, information discovery, social engagement, and reputation. Our focus is building infrastructure that supports those behaviors at scale.”

Strengthening Leadership With Industry Experience

As part of its preparation for launch, Yuno has expanded its leadership and operational capabilities through the addition of senior personnel and advisors with experience across digital assets, exchange infrastructure, prediction markets, growth systems, and market operations.

The company has recently added several senior team members and founders with backgrounds spanning organizations including Binance, bringing operational experience from some of the largest and fastest-growing market infrastructure businesses globally.

Management believes this combination of exchange, liquidity, product, and growth expertise positions Yuno to accelerate product execution while building operational systems designed to support international scale.

Building Prediction Markets With Trading Infrastructure Principles

At its core, Yuno is being designed as an event-based market infrastructure platform where users can gain exposure to real-world outcomes through dynamic, market-driven pricing.

Unlike traditional prediction systems where pricing is centrally determined, Yuno’s platform architecture is being developed around market-based discovery mechanisms intended to support deeper liquidity, faster pricing adjustments, and broader participation across multiple market categories.

The company’s interface is being built with trading-first principles, emphasizing:

• Real-time market pricing
• Live order book infrastructure
• Event-driven contract creation
• Social market participation
• Community forecasting systems
• Market discovery tools
• Reputation-driven participation mechanisms

Management believes current market participants increasingly expect infrastructure that behaves more like financial trading systems and less like traditional products.

Developing A Social Layer For Event Markets

One of Yuno’s primary product differentiators is its planned social infrastructure layer.

The platform is building integrated community functionality intended to allow users to discuss markets, publish views, establish public trading reputations, and participate in community-driven forecasting systems.

Yuno believes event markets naturally generate conversation, conviction, and information sharing and that these behaviors should exist natively inside the platform experience.

Planned social functionality currently under development includes:

• Social feeds around active markets
• Verified trader reputation systems
• Community participation tools
• Audience-building infrastructure
• User-generated market participation systems
• Community engagement functionality

“The future of prediction markets is not just passive participation,” Holtz added. “Users increasingly want transparency around market participants, stronger community interaction, and ways to build credibility over time. We believe reputation systems become increasingly important as markets scale.”

International Expansion Strategy Built Around Regulatory Infrastructure

Yuno’s international growth strategy is intentionally structured around phased market expansion and regulatory alignment.

The company’s international strategy is built around creating globally accessible market infrastructure, enabling participation across jurisdictions where growing digital asset adoption, expanding retail engagement, and evolving regulatory frameworks support long-term market development.

The platform is implementing infrastructure intended to support:

• AML and KYC processes
• Transaction monitoring systems
• Sanctions screening
• Compliance workflows
• Market integrity controls

Additional expansion opportunities across MENA and Asia-Pacific markets remain under evaluation as the company assesses licensing frameworks and market readiness.

Yuno intends to restrict access in jurisdictions where the platform does not yet hold required permissions. For the United States, Yuno’s long-term objective includes pursuing appropriate regulatory pathways to enter the market compliantly.

Targeting A Rapidly Expanding Global Category

Prediction markets have emerged as one of the fastest-growing segments within digital finance and event-based trading.

Management believes several structural tailwinds continue supporting category growth including:

• Rising stablecoin adoption
• Expansion of digital asset infrastructure
• Increased retail participation in alternative markets
• Demand for real-time information markets
• Growing familiarity with event-based trading products

Yuno believes these dynamics create an opportunity for new entrants capable of combining liquidity, product experience, regulatory infrastructure, and community participation into unified ecosystems.

“This is ultimately a trust and infrastructure business,” Holtz said. “Liquidity matters. Fair market resolution matters. User experience matters. We are building with those priorities first.”

Looking Ahead

As development continues, management remains focused on completing product milestones, expanding strategic partnerships, strengthening infrastructure, and preparing for phased market entry. The company is targeting average monthly volume over the next 12 months of approximately 200,000 active users and US$4 billion in total volume by the end of 2027, subject to platform launch timing.

The company expects additional updates relating to launch milestones, partnerships, and product developments in future announcements.

Forward-Looking Statements

This release contains forward-looking statements regarding future plans, market opportunities, product development, and expansion initiatives. Actual outcomes may differ materially from expectations due to regulatory, market, operational, and competitive factors.

Trading on prediction markets involves risk. Past performance does not guarantee future results.

About Yuno

Yuno is building a global prediction markets platform designed to combine event-based trading, social infrastructure, and market infrastructure into a unified experience for international users. The company is focused on developing scalable systems that enable users to participate in transparent, community-driven event markets.

Contact: [email protected]

GlobeNewswire Distribution ID 9732807

UPST IMPORTANT DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Upstart Holdings, Inc. Investors to Secure Counsel Before Important June 8 Deadline in Securities Class Action – UPST

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NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Upstart Holdings, Inc. (NASDAQ: UPST) between May 14, 2025 and November 4, 2025, inclusive (the “Class Period”), of the important June 8, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Upstart securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Upstart class action, go to https://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Model 22 frequently overreacted to negative macroeconomic signals in performing its risk-separation processes; (2) accordingly, Model 22’s overall accuracy and propensity to increase loan approval rates was overstated; (3) Model 22’s overly conservative assessment of credit and macroeconomic conditions was having a significant negative impact on Upstart’s revenue results, rendering Upstart’s previously issued full year 2025 revenue guidance unreliable and/or unrealistic; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Upstart class action, go to https://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9732574

PSD: 4 Dead in Shooting at Social Development Center

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Amman: Four people were killed in a shooting at a social development center in the south of Amman on Saturday, the Public Security Directorate (PSD) said. An armed person opened fire inside the development center in Husban, south of the capital, killing two employees and the shooter’s wife. The shooter later died of a gunshot wound, and an investigation was underway, according to the PSD media spokesperson.



According to Jordan News Agency, the tragic incident unfolded when the shooter entered the facility and began firing indiscriminately. The motive behind the shooting remains unclear, and authorities are actively investigating the circumstances surrounding the event. The identities of the victims have yet to be disclosed as officials continue their inquiry.



Local law enforcement has cordoned off the area and increased security measures around the development center. Residents in the vicinity have been urged to remain vigilant while the investigation proceeds. The incident has shocked the community, with many expressing concerns about safety and security in the area.



Authorities are appealing to the public for any information that might aid in the investigation. The PSD has assured the community that they are doing everything possible to uncover the motives and prevent any further incidents.

Qadi Highlights Youth Inclusion in Jordan’s Political Modernization Scheme

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Amman: Lower House Speaker Mazen Qadi emphasized the importance of Jordan’s political modernization initiative in involving youth in decision-making processes, describing it as a significant step toward their inclusion and recognition in the political sphere.



According to Jordan News Agency, Qadi made these remarks during a ceremony honoring winners of student union councils at the University of Jordan and the Jordan University of Science and Technology, as well as participants in the “Youth 21” council. This youth initiative and leadership program aims to simulate parliamentary work, empowering young people in public and political life. Qadi highlighted the democratic experience as a testament to the advanced political awareness and sense of responsibility among Jordanian youth.



Qadi elaborated on the youth’s engagement in simulating parliamentary elections through local constituencies and national party lists, emphasizing that politics involves responsibility and that political parties should focus on programs, visions, and organized actions to serve the nation. He credited His Majesty King Abdullah II, who supports youth empowerment and whose vision is carried forward by HRH Crown Prince Al Hussein bin Abdullah II.



Connecting to the broader national narrative, Qadi noted that building a nation starts with building its people, with Jordan’s strength rooted in the awareness and involvement of its youth. He also reflected on the recent celebrations of Jordan’s 80th independence anniversary and other significant national events, acknowledging the contributions of the Hashemites and others who have ensured the country’s stability and safety amidst regional challenges.

Jordan Condemns Israeli Strike on Lebanese Army Patrol

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Amman: Jordan condemned on Saturday an Israeli strike on a Lebanese army patrol on the Khardali-Nabatieh road in southern Lebanon, which left three soldiers, including two high-ranking officers, dead.



According to Jordan News Agency, the Ministry of Foreign and Expatriate Affairs described the attack as “a blatant violation of the sovereignty, security, and stability of brotherly Lebanon, and a flagrant breach of international law.” The Ministry emphasized the urgent need for an immediate halt to Israeli attacks on Lebanon, advocating for the consolidation of a ceasefire agreement and full compliance with UN Security Council Resolution 1701.



The Ministry’s official spokesperson, Fouad Majali, reaffirmed Jordan’s steadfast support for Lebanon’s security, stability, sovereignty, and the safety of its citizens. Majali also highlighted Jordan’s backing for the Lebanese government’s efforts to assert its sovereignty over all Lebanese territory, reactivate its national institutions, and ensure that weapons remain solely in the hands of the state.



Majali extended his condolences to the government and people of Lebanon, as well as to the families of the victims.

House Speaker Engages in Discussions with Iraqi Parliament Leader

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Amman: Speaker of the House of Representatives Mazen Qadi received Iraqi Parliament Speaker Haibat Halbousi on Saturday, marking Halbousi’s first official foreign visit since assuming office.



According to Jordan News Agency, Qadi and Halbousi are scheduled to conduct official talks at the House of Representatives on Sunday, focusing on enhancing ties and parliamentary cooperation. During his visit, the Iraqi speaker is also set to meet with several Jordanian officials.



Halbousi and his delegation were welcomed upon their arrival by First Deputy Speaker Khamis Atieh, Second Deputy Speaker Ibrahim Sarairah, Assistant Speakers MPs Hala Jarrah and Maisoun Qawabah, and Secretary-General of the House of Representatives Awad Ghuwairi.