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Polymarket drops USDC.e for USDC-backed token in exchange overhaul

Polymarket has announced a significant overhaul of its exchange by replacing its USDC.e token with a new USDC-backed token. This change aims to enhance liquidity and improve the overall trading experience for users. The decision comes as part of Polymarket's efforts to align more closely with regulatory standards and user demands. The platform is expected to facilitate smoother transactions and provide better access to liquidity with the new token structure. Users are encouraged to transition to the new USDC-backed token to continue participating in the market effectively.

Read the full article: Coin Telegraph

Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

A recent poll reveals that a significant portion of Americans harbor distrust towards cryptocurrencies and artificial intelligence, particularly as industry super PACs increase their influence in the midterm elections. Only 18% of respondents expressed confidence in cryptocurrencies, while 20% felt the same about AI technologies. The survey highlights concerns over

Here’s what happened in crypto today

On October 3, 2023, Bitcoin experienced a significant price surge, reaching a peak of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $2,200, as developers announced upgrades aimed at improving scalability. Meanwhile, regulatory discussions in the U.S. continued to

Bitcoin preps highest weekly close since January as BTC price nears $79K

Bitcoin is on track for its highest weekly close since January, with its price approaching $79,000. The cryptocurrency has seen significant upward momentum, driven by increased institutional interest and positive market sentiment. Analysts suggest that if Bitcoin maintains this trajectory, it could break through previous resistance levels. The growing

Americans still prefer banks over crypto for financial access, CoinDesk's survey shows

A recent CoinDesk survey reveals that a majority of Americans still prefer traditional banks over cryptocurrencies for financial access. Approximately 60% of respondents indicated they trust banks more than crypto platforms for managing their finances. The survey also highlighted concerns about the security and volatility of cryptocurrencies, which contribute to

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Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

Here’s what happened in crypto today

Bitcoin preps highest weekly close since January as BTC price nears $79K

Americans still prefer banks over crypto for financial access, CoinDesk's survey shows