
Polymarket Reaches $1 Billion in Volume Driven by U.S. Election Bet
TL;DR Polymarket reaches $1 billion in trading volume. $343 million of the total volume was traded in July 2024. Betting on the US presidential election drove this increase.…
The News section brings together the main developments shaping the digital asset industry. Coverage includes market movements, regulatory decisions, institutional activity, security incidents, exchange updates and blockchain infrastructure. This archive is designed for readers who need a broad view of what is changing across crypto without losing the context behind each event.

TL;DR Polymarket reaches $1 billion in trading volume. $343 million of the total volume was traded in July 2024. Betting on the US presidential election drove this increase.…
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TL;DR Mt. Gox transferred 37,477 BTC, equivalent to $2.5 billion, to a new wallet address. More than 40% of the repayments to Mt. Gox…

TL;DR Ferrari will extend its cryptocurrency payment system to its European dealerships from the end of July. The company plans to expand this scheme…

TL;DR VanEck’s Regulatory Journey: After a prolonged process, the SEC has approved VanEck’s Ethereum exchange-traded fund (ETF). This milestone offers investors a regulated way…

TL;DR WazirX has temporarily halted deposits, withdrawals and trading for all users. The platform warns against scammers impersonating WazirX through fake emails. WazirX is…

TL;DR The Kamala Harris-inspired meme coin KAMA hit an all-time high following Joe Biden’s withdrawal from the presidential race. KAMA now has a market…

TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized…

TL;DR Bitrue Ventures has opened a $40 million investment fund to support startups in the Web3 space. Selected projects can receive up to $200,000…

TL;DR Bitget has experienced a 38.4% increase in its market share, surpassing Crypto.com and Bybit in growth. The exchange’s success is attributed to its…

TL;DR Street is considering creating stablecoins and tokenized deposits to facilitate blockchain-based payments. Digital Asset Expansion: The company is partnering with Galaxy to develop…

TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that…