Crypto Markets & On-Chain Ecosystem Developments

According to Odaily, Kalshi's crypto business head IcoBeast.eth addressed trading volume concerns on X, clarifying that Artemis charts display prediction market volume share, not perpetual contract volumes. The exchange does not offer rebates for crypto prediction markets and calculates contract

Visa is moving to close a payment-classification loophole, requiring payment processors to stop labeling meme coin transactions under merchant category code 5815 (digital media). Going forward, these transactions must be processed according to standard cryptocurrency purchase rules. The issue originated with crypto payment infrastructure provider Crossmint’s Token Checkout service, which allows users to bind Visa credit cards and purchase meme coins directly. How the MCC 5815 loophole arose: An

Gate News, Sept. 21 — According to Gate’s market data, as of press time, NIL (Nillion) is trading at $0.0617, up 23.18% over the past 24 hours. It reached a high of $0.0686 and a low of $0.0487, with 24-hour trading volume totaling $306.3k. Its current market cap is approximately $31.0931 million. Nillion is a permissionless network that provides secure data storage and computation for blockchains and AI. Processing high-value data, such as data from AI agents and trading data, is extremely chal

Gate News bot message: According to Gate market data, GT is up 4.24% over the past 24 hours and is currently trading at 10.56 USDT.

According to RootData, Moonbirds (BIRB) will unlock approximately 27.08 million tokens worth around $1.76 million on September 28 at 1:00 PM Beijing time.

According to GitHub, Lighter's development team added binary options support to the lighter-prover repository on September 21, with 88 files modified. The update introduced 6,329 new lines of code and removed 1,214 lines, spanning trading processing, market data, account positions, settlement

Gate News, Sept. 21 — According to Gate market data, as of press time, SAGA (Saga) is trading at $0.0377, up 33.52% over the past 24 hours. It reached a high of $0.042 and fell to a low of $0.025497, with 24-hour trading volume reaching $1.3046 million. Its current market cap is approximately $15.7023 million. Saga is a Layer 1 protocol that enables developers to automatically launch parallelizable, interoperable specialized chains compatible with different virtual machines—“Chainlets”—providing

Ethereum added $32.1 million in market cap in the euro stablecoin market over the last 30 days, according to data reported by CryptoTwitter commentator @tokenterminal. The growth outpaced competitors Arc and Base, which added $6.2 million and $1.6 million respectively during the same period. The com

According to @tokenterminal, Ethereum added $32.1 million in market cap over the last 30 days within the euro stablecoin market, significantly outpacing competitors Arc and Base, which gained $6.2 million and $1.6 million respectively. The combined growth across the three platforms reached $39.9 mil

The attacker used a compromised signing key to steal approximately 8.7 million FET from Fetch.ai’s TokenConversionManagerV3 and mint 408.5 million NTX on NuNet without authorization. The two attacks resulted in combined losses of approximately $2.01 million; security firms Blockaid and PeckShield both linked the attacks to the same attacker wallet. The Financial Scale of the Attacks: Tracing the Sources of $1.53 Million in FET and $460,000 in NTX According to PeckShield’s analysis, the attacker

According to BlockBeats, on September 21, analyst Beni publicly questioned prediction market platform Kalshi over alleged inflation of cryptocurrency trading volumes. Beni cited data showing Kalshi's ETH-PERP had approximately $3.1 million in open interest but $538.6 million in 24-hour trading volum

xStocks tokenized stocks reached a market cap of $172.8 million, reflecting a 187.2% increase over the past month. The milestone was highlighted by CryptoTwitter commentator @tokenterminal. The growth reflects increasing traction for tokenized assets as a bridge between traditional equities and

According to Defillama data, Pons, a Meme coin issuance platform on Robinhood chain, generated $24.33 million in revenue over the past 30 days and entered the top 10 in crypto monthly revenue rankings on September 21. The top three were Tether ($488 million), Circle ($198 million), and

The Wall Street Journal (WSJ) reported that Polymarket, the world’s largest prediction market platform, faced an attempted fraud attack in February, in which someone tried to steal at least $10 million from its U.S. app (this was the attempted theft amount, not Polymarket’s actual loss). The attackers linked stolen bank cards to thousands of new accounts for betting, and at the peak, more than 80% of deposits were identified as fraudulent transactions (the industry average is approximately 1%).

According to CryptoTwitter commentator @tokenterminal, xStocks tokenized stocks achieved a market cap of $172.8 million over the past month, reflecting a 187.2% increase. Leading the surge are MSTRx at $29.5 million, CRCLx at $21.4 million, and SPCXx at $11.1 million, indicating growing investor

According to DefiLlama data, multiple Meme Launchpads on Arc chain generated less than $200 in protocol revenue in the past 24 hours. Solon led with $503, followed by ARK Launch and Tolly at $180 and $171 respectively. Wonk Fun and AKA earned $69.6 and $66.87, while UBI.fun, Sashimi.fun, and

According to Odaily and on-chain analyst Ai Yi, an unknown entity swapped UBTC for ETH and has accumulated positions exceeding $38.61 million since September 18. Over the past 11 hours, the entity purchased $16.03 million worth of ETH through five addresses via the same on-chain route, with an

According to Artemis data shared by Odaily, prediction market platforms recorded combined daily trading volume of $3.5 billion on September 19, hitting a new all-time high. Kalshi led the market with approximately $3 billion in daily volume, capturing 85.7% market share, while Polymarket ranked

The Wall Street Journal (WSJ) recently reported that European Central Bank President Christine Lagarde personally contacted Greek Prime Minister Kyriakos Mitsotakis to express her opposition to Greece approving Binance’s EU license application under the Markets in Crypto-Assets Regulation (MiCA). The report stated that Binance voluntarily withdrew its Greek application in June and that, following the end of the MiCA transition period, the lack of a license prevented Binance from providing full s