Polymarket Volume Hits Record $917M in October—How Much Higher Could It Go?

According to recent data, Polymarket’s October trading volume has already eclipsed September’s figures, with two weeks still remaining in the month. Impressively, the volume has hit a record high, approaching $1 billion in just over two weeks, ahead of the 2024 U.S. election. $917M and Growing: Analyzing Polymarket’s Record-Breaking October At the time of this … Read more

CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets

The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as ‘event markets,’” said the derivatives regulator. CFTC Takes First Crypto … Read more

PR: Airline Blockchain Project ALLN Issued US$350 Million

The most of current cryptocurrencies remain in the development of new technology or concept as mainstream, products and services still stay in the dream-building idea. Most cryptocurrencies are dejected without subsequent support from the enterprises, causing most of investors disappointed and panic. The largest aero-ecological blockchain in history is going to unveil on March 28th. … Read more