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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:...

Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion


Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH...

Debridge Closes Exclusive Token Sale for Certain Participants


Debridge kicked off its LFG Vault for DBR tokens, giving active members of its ecosystem and Jupiter’s community an exclusive opportunity to acquire tokens at a locked-in price. With a focus on fairness and stability, the launch introduced a new token sale model designed to curb gas wars and market...

Kraken Integrates In-House Ethereum Restaking via Eigenlayer


Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether...

Dydx Launches Trump Election Perpetual Trading Market


The decentralized finance (defi) platform Dydx has introduced a new prediction market allowing traders to speculate on Donald Trump’s chances in the 2024 U.S. presidential election. The decentralized platform enables users to leverage positions in a perpetual trading market tied to election...

Bitget Wallet Reaches 40 Million Users in Growing Web3 Space  


Bitget Wallet, a non-custodial crypto wallet, has now surpassed 40 million users, achieving more than 100% growth since March 2024. In September alone, the app was downloaded nearly 6 million times, making it the second most downloaded cryptocurrency application globally, just behind Binance....

Decentralized Autonomous Organizations (DAOs): Governance in 2024


Introduction In 2024, Decentralized Autonomous Organizations (DAOs) continue to reshape the landscape of governance, offering a new model for community-driven […] The post Decentralized Autonomous Organizations (DAOs): Governance in 2024 appeared first on

Serial Entrepreneur: Web3 Stagnant, Echoing 1980s AI


According to Bernie Bloom, overcoming the blockchain trilemma requires building storage solutions that scale to exabytes and integrate seamlessly with smart contracts. Bloom, a serial entrepreneur and co-founder of Xandeum Labs, argues that this is essential for the “wholeness” of smart...

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