Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

Gate Presents Annual Awards to Honor Global Partners, Strengthening Long-Term Ecosystem and Industry Recognition

Gate, a leading global digital asset trading platform, has announced its annual awards to recognize outstanding contributions from its global partners. The awards highlight key participants in areas such as content creation, brand collaboration, business development, and community growth. Categories include "Annual Content Pioneer Award" and "Annual Forward-Looking Insight Award," reflecting Gate’s systematic approach to valuing diverse roles within its ecosystem. The initiative aims to strengthen connections across regions and provide a shared value framework for global partners. Gate also invites top collaborators to exclusive events such as F1 race viewings, global travel exchanges, and major industry conferences to deepen engagement. Emphasizing the importance of high-quality content and expertise in the fast-paced digital asset industry, Gate’s awards reinforce trust-building through rational analysis and consistent output. Over the past year, Gate has grown to nearly 50 million users, with increased activity in spot and derivatives trading. The platform continues to advance its "Trade + Earn + Web3" strategy, enhancing its product offerings and institutional services. Founded in 2013 by Dr. Han, Gate supports over 48 million users and 4,300+ crypto assets, with a proven 100% reserve model. The company remains committed to secure, innovative, and sustainable growth in the digital asset sector.

marsbit01/15 07:40

Gate Presents Annual Awards to Honor Global Partners, Strengthening Long-Term Ecosystem and Industry Recognition

marsbit01/15 07:40

Hiring at $200K Annual Salary: Wall Street Advances into Prediction Markets

Wall Street firms are aggressively entering the prediction markets, with trading giants like DRW, Susquehanna, and Tyr Capital building specialized teams. DRW is offering up to $200,000 in base salary to hire traders who can monitor and trade on platforms like Polymarket and Kalshi. Trading volume in these markets surged from under $100 million in early 2024 to over $8 billion by December 2025, attracting institutional interest. Unlike retail traders who often bet on single events, institutions focus on cross-platform arbitrage and structural opportunities. For example, hedge funds can use prediction markets to hedge investments with greater precision by pairing positions—such as buying "no recession" contracts on Polymarket while shorting overvalued bonds in credit markets. Market makers like Susquehanna, which has privileged access to lower fees and higher limits on platforms like Kalshi, are set to reduce arbitrage opportunities and improve liquidity. This professionalization may lead to more complex products, such as multi-event combos and conditional probability contracts. The entry of well-capitalized, technologically advanced institutions signals a maturation of prediction markets, mirroring the historical pattern of散户-driven innovation eventually dominated by professional players. While retail traders may find niches in long-tail events, the era of easy profits from informational edges is likely over.

marsbit01/15 04:02

Hiring at $200K Annual Salary: Wall Street Advances into Prediction Markets

marsbit01/15 04:02

More Than One Person Has Wasted Three Years on Base

A developer known as tuna, co-founder of Pandemic Labs, publicly criticized Base, the Ethereum L2 network backed by Coinbase, for failing to support builders despite initial promises. After nearly three years of developing 10 different products—including games, AI agents, and prediction markets—on Base, tuna received no meaningful support, even after creating the hit game *Infected*, which gained 50,000 users. In contrast, within 48 hours of launching a game on Solana, *Addicted*, it generated $4 million in revenue. Tuna expressed frustration that Base appears to prioritize certain projects like Farcaster and Zora while ignoring independent developers. Other builders, such as Shivam Tandon of zkCross Network and Jacek from the DEGEN project, shared similar experiences, citing ignored outreach and a lack of engagement from Base and its lead, Jesse. Despite bringing significant traffic and value, these teams felt overlooked, with DEGEN even choosing to expand to Solana, where they received immediate support and recognition. Critics argue that Base operates with a top-down, “narrative-driven” approach aligned with Coinbase’s interests, rather than fostering an open, community-oriented ecosystem like Solana. While Base’s 2026 roadmap focuses on asset tokenization and the Base App, many developers question whether it truly intends to serve the broader community or mainly functions as an extension of Coinbase.

比推01/14 13:39

More Than One Person Has Wasted Three Years on Base

比推01/14 13:39

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