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Polymarket's August Trading Volume Hits New Record | Cryptocurrency Trends

Victoria, Bitget Research
2024/09/03
Polymarket's August Trading Volume Hits New Record | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Coinbase's Chief Legal Officer criticizes the U.S. SEC's ambiguous stance on FTX plan, stating that investors deserve a "better outcome."

2. Cryptocurrency Trends:

  • Gaming startup Playtron partners with Mysten Labs to launch pre-orders for their gaming handheld devices, available at $600 per unit.
  • Sky (formerly MakerDAO) proposes integrating sUSDS and USDS into the Aave ecosystem.
  • Stratis launches Verium, an elastic blockchain technology based on ZKSync.
  • BounceBit partners with DappOS to provide returns on intent-based assets.
  • Asset management firm Metalpha adopts the new Bitcoin Mining Index launched by Antalpha and FTSE Russell.
  • Eigenpie to launch the EGP Priority Access Program IDO, selling 3.4 million tokens for $3 million in FDV.
  • Polymarket achieved a record trading volume of $472.87 million in August.
  • Startale Labs CEO: Sony's blockchain Soneium is focusing on establishing a platform for creative IPs.

3. Financing Trends:

  • L2 network Kroma secures Series A funding with investment from Gate Ventures and others.
  • TrendX, a Web3+AI investment opportunity platform, raises $5 million in Series A funding.
  • Pencils Protocol, a project within the Scroll ecosystem, raises $80 million in a new round of strategic funding led by Taisu Ventures.

4. Regulatory Trends:

  • Japan's Financial Services Agency (FSA) announces tax reform requirements for fiscal year 2025, mentioning virtual currency trading for the first time.
  • Quidax becomes the first cryptocurrency exchange with a Securities and Exchange Commission (SEC) license in Nigeria.
  • Qatar launches a regulatory framework for digital assets.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.