News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
After receiving a $2 billion investment, Polymarket's valuation has reached $9 billion, making it one of the highest-funded projects in the crypto sector. The article reveals arbitrage strategies on the platform, including sweeping the closing market, multi-option market arbitrage, and market-making opportunities, while also pointing out black swan risks and the phenomenon of large players manipulating the market. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
The Winklevoss twins believe Bitcoin is “Gold 2.0” and say it could reach $1 million due to its scarcity and rising institutional demand.Bitcoin: The New Digital Gold?Institutional Adoption Fuels the $1M VisionBeyond the Hype: Why It Matters
Nexchain’s Testnet 2.0 launches in November with AI-driven features, updates to the token presale, and a bonus initiative for participants.November Testnet 2.0: Enhancements and Features You Can’t MissNexchain AI: Unique Features and CapabilitiesThe Ongoing Token Presale and Investor EngagementConclusion
- 23:35Overview of Major Overnight Developments on October 1621:00 (UTC+8) - 7:00 Keywords: Polymarket, Atkins, Morpho, Eric Trump 1. Polymarket launches stock price prediction markets; 2. US Treasury Secretary: The Federal Reserve should use quantitative easing policies cautiously; 3. US SEC Chairman Atkins promotes innovative regulation for crypto and tokenization; 4. Milan: I believe there is no need to cut interest rates by more than 50 basis points; 5. US Senate rejects Republican funding bill, government shutdown outlook remains uncertain; 6. Eric Trump, son of Donald Trump, confirms ongoing real estate tokenization plan with WLFI; 7. Federal Reserve Beige Book: Overall economic changes are minor, rising uncertainty may drag down the economy; 8. Ethereum Foundation has deposited 2,400 ETH and about 6 million stablecoins into Morpho’s yield vault.
- 23:35The official RubiFi X account has been compromised. Please remain vigilant.According to Jinse Finance, Scam Sniffer has detected that the official RubiFi X account has been compromised and is posting phishing tweets. Please remain vigilant.
- 23:20Paxos: An error during internal transfers led to the over-minting of additional PYUSD, which has already been destroyed; no security vulnerabilities exist.Jinse Finance reported that Paxos stated, "During an internal transfer process, an excess amount of PYUSD was mistakenly minted. Paxos immediately detected the error and destroyed the surplus PYUSD. This was an internal technical error, not a security vulnerability. Customer funds are safe, and we have already addressed the root cause." Previous reports indicated that Paxos minted 300 trillion PYUSD and destroyed it 20 minutes later.