Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Adam Silver Warns of Escalating NBA 'Tanking' Problem
NBA Commissioner Adam Silver expressed strong concerns about widespread misconduct during a press conference held during the All-Star weekend. The biggest issue is the phenomenon of “tanking,” where teams intentionally lose games to secure draft picks, which Adam Silver described as “the worst behavior we’ve seen in recent years.”
Fines for Deliberate Losses
The Utah Jazz were fined $500,000 for limiting the playing time of two key players, while the Indiana Pacers received a $100,000 fine for roster manipulation by sitting out three starters. The total fines of $600,000 within just a few weeks highlight the seriousness of the issue.
Adam Silver understands the psychological desire of teams to lose during a failed season but sharply criticizes their blatant tactics. “We need to remind everyone—fans and partner teams alike—of our responsibility when teams engage in clearly intentional actions,” Silver stated.
System Reforms to Protect League Trust
Commissioner Silver emphasizes maintaining the integrity of the game as his top priority. Recognizing that fines alone are insufficient, league leadership is considering more fundamental measures, including additional sanctions such as confiscating draft picks.
The competition committee has begun reviewing the entire draft lottery system. Addressing the current design that encourages tanking and ensuring that intentional losses do not provide strategic advantages is urgent. Silver explained that the approach will involve “two strategies”: one, direct warnings to teams, and two, systemic reforms.
Expansion Plans and WNBA Labor Issues in Progress
Silver also mentioned NBA expansion, with details expected after the March board meeting. Las Vegas and Seattle are emerging as strong candidates for new franchises, and while no votes will be held at the upcoming meeting, preparations for subsequent steps are underway.
Simultaneously, labor disputes involving the WNBA are considered more urgent. Silver pointed out that with training camp starting in about two months, an agreement must be reached before then. “In recent weeks, there has been increased communication, with more direct involvement from players and team owners,” Silver revealed, indicating close behind-the-scenes negotiations.
NBA leadership faces the challenging task of simultaneously addressing game integrity, business expansion, and labor relations. The impact of Silver’s actions on restoring league trust remains closely watched.