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๐ŸฆŽ๐Ÿš€ When will Polymarket release its token? ๐Ÿ‘€

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It's almost the end of the quarter, Geckos!
   

Although it's too early to tell, it looks like Up-tober might have arrived ahead of schedule!

 

In today's news:
 

  • What's next from Polymarket? ๐Ÿ”ฎ

  • Bankroll loses bank ๐Ÿ’ธ

 

Read on!

24h Hot Searches Worldwide ๐Ÿ”ฅ

Crypto Sponsorships In Sports

  

Soccer has been a primary target for crypto sponsorships since 2021. That year saw 9 new deals, followed by 10 in 2022, a sharp drop to just 3 in 2023, and a rebound to 10 in 2024.

 

How have other sports fared?

What's next from Polymarket? ๐Ÿ”ฎ

 

It seems that Polymarket might be launching a token after all.

 

The predictions market platform is looking to raise an additional $50M in fresh capital and is considering launching its own native token.
 

According to a report by The Information, investors in the fundraising round will receive token warrants, which will allow them to purchase the tokens if Polymarket chooses to launch them.
 

However, no details have been revealed regarding any potential token airdrops.

 
It is also unclear whether the token will have any utility or provide holders with additional benefits on the platform.

Popular airdrop farmer 'CC2' shared that Polymarket could implement the same playbook as other platforms, such as points program and multiple seasons.

 

TON Chain has generated a lot of buzz in the recent months - catch up on the ecosystem's latest developments in this video!

Bankroll loses bank ๐Ÿ’ธ
 

DeFi protocol Bankroll Network has suffered a $230,000 exploit.

 

According to the blockchain security firm TenArmor, Bankroll's affected smart contract performed several transfers of BNB to itself, along with two other transfers associated with the attacker.
 

From the transactions alone, it's likely that the hacker used flash loans to exploit a vulnerability on Bankroll's platform, allowing them to withdraw funds that exceeded their deposits.
 

However, it's worth noting that the project may already be inactive, considering that their last social post on X was more than 2 years ago.


What is Berachain? Learn about the upcoming EVM-identical Layer 1 and how Proof-of-Liquidity works.

In Other News...

 

  • GameStop Customer Pulled a Mythical: 1 Bitcoin! One lucky GameStop customer won an entire Bitcoin worth just over $63,000 at today's values after opening up a pack of $30 crypto-themed collectible trading cards.

     

  • VC Surprise, Celestia Raises Another $100M. Celestia, a Data Availability blockchain, announced this morning that it has successfully raised an additional $100M, bringing its total funding to $155M. Following the announcement, Celestia's TIA token surged over 20%.
     

  • Bittensor Leads AI Token Rally. The GMAI index, which tracks AI tokens, surged over 30% last week, with Bitttensor's TAO token leading the way, closing more than 50% higher.

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