Gate has officially integrated Polymarket, becoming the first globally centralized exchange platform to integrate it, and has launched a dedicated portal in the Gate App. Users can participate in prediction trading using USDT from their spot accounts without any on-chain operations, and there are no fees during the beta testing period. It offers both prediction and trading modes to meet different needs, and supports diverse event types and trading methods. In the future, it will expand the scope of events and enhance price discovery functionality.
**Author: KarenZ, Foresight News**
On November 3, 2025, a security incident involving losses exceeding $120 million largely shattered the growth illusions of DeFi veteran protocol Balancer.
This was Balancer's largest security incident in history. But the deeper wound doesn't lie in that astronomical figure.
Flipping through the financial data attached in Balancer's latest proposal, its fundamentals have long since become grim: the protocol's annualized fees are approximately $1.65 million, with the DAO's estimated annualized revenue at only $290,000, representing 17.5%.
The remaining funds flowed to veBAL holders, core pools, and Balancer
Polygon Labs and GSR-incubated decentralized finance network Katana have acquired decentralized exchange IDEX to support their new product Katana Perps. IDEX will become a core component of Katana Perps, providing high-performance matching engine and on-chain settlement functionality.
Tether has announced that it has engaged one of the Big Four accounting firms to conduct its first comprehensive independent audit, with the goal of enhancing company transparency and compliance standards. The audit covers digital assets and reserves, and is expected to have demonstrative significance for the entire stablecoin market. USDT's market capitalization exceeds $184 billion, with over 550 million global users.