Polymarket, the largest prediction market, has upgraded its Bitcoin deposit system to use the Lightning Network powered by the Spark protocol, reducing deposit times from 10-60 minutes to under one second with near-zero fees. This change replaces the previous onchain method requiring multiple confirmations and higher minimum deposits. The Spark protocol validates transactions instantly at broadcast, easing operational demands and maintaining user control of funds. This upgrade comes amid rising competition with Kalshi, which recently surpassed Polymarket in trading volume, making fast, low-cost deposits crucial for attracting traders.
Recent data from Dune Analytics shows stablecoins USDT and USDC are specializing rather than competing directly. USDT dominates stablecoin payments with $95 billion in transactions, mainly through the Tron network, serving as a key tool for internati...
Nigel Farage, UK Reform party leader, is under investigation after receiving a £5 million personal gift from Christopher Harborne, a billionaire linked to crypto firms Tether and Bitfinex. The gift, given before the 2024 UK general election, triggere...
Tether has committed $20 million to Mercado Bitcoin, a leading Brazilian digital asset platform, to accelerate the development of tokenized financial products and blockchain-based payment solutions. This investment supports Mercado Bitcoin's expansio...
Tether has invested $20 million in Mercado Bitcoin to support the Brazilian company's expansion in tokenized assets, blockchain payments, lending, and on-chain capital markets. Mercado Bitcoin plans to use the funds to enhance its payments infrastruc...
Tether plans to bring USDT back to Bitcoin using the RGB protocol, with UTEXO leading the rollout potentially starting in July 2026. This move revives USDT's original Bitcoin roots, offering native stablecoin transactions on Bitcoin's secure UTXO mod...
