Polymarket, a prediction market platform, recently introduced taker fees on its Polygon markets, leading to a dramatic revenue increase from $109K to $1.18M in a single day. This surge allowed Polymarket to out-earn Hyperliquid, a major DeFi platform known for its high annual revenue, which made $815K in the same 24-hour period. The shift shows that users remained active despite the new fees, but future revenue may fluctuate with market events. Investors should watch if this spike becomes a consistent baseline or remains an outlier tied to specific events.
Hyperliquid has launched its AQAv2 framework, directing yield from USDC reserves to buy back and permanently burn HYPE tokens. Circle manages the technical deployment of USDC, while Coinbase oversees treasury reserves. Reserve income accrues over 30-...
XRP fell 5.36% to around $1.44 after a strong rally that saw it gain over 50% in a week, reaching an intraday high of $1.69. Despite the pullback, it remains up 43.7% for the week, supported by a broader crypto market recovery. Leverage on Binance hi...
Ripple's XRP has surged 46.52% in the past 7 days, making it the best-performing altcoin among the top 10 cryptocurrencies. This price rally is supported by a massive 654.71% increase in active network addresses, indicating heightened participation a...
Doubleview Gold Corp. has appointed Edward Huebert as Vice President, Permitting, Regulatory & Indigenous Relations to lead the permitting and regulatory compliance for its Hat polymetallic project in British Columbia. Huebert brings extensive experi...
A recent SEC filing for the Cryptex Digital Market Cap ETF reveals that Ripple might increase the amount of XRP released from escrow if the U.S. CLARITY Act is passed. The ETF document suggests Ripple could use additional XRP to support liquidity for...
