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The Gate event market has a cumulative trading volume of approximately 909 million USD, ranking second among the channels connected to Polymarket

According to the latest data from Polymarket Builders, the Gate event market has a cumulative trading volume of approximately $909 million, ranking second among all access channels on Polymarket and consistently remaining at the forefront of major trading entrances.The Gate event market has launched a quarterly earnings prediction challenge, setting a total reward of 90,000 USDT around the earnings events of popular companies such as Microsoft, Apple, and Amazon. Activities include new trader transactions, inviting friends, and profit rankings, with the top of the leaderboard eligible for a reward of up to 5,000 USDT.Gate is the first to layout the event market, creating a one-stop trading experience for global hot events. Users can participate in trading directly through the Gate App, placing orders using USDT from their spot accounts without the need for on-chain operations. The platform has launched the Combo prediction feature and introduced a macro market topic page related to the U.S. midterm elections, focusing on displaying market probabilities and trading data for key macro topics such as Federal Reserve interest rate decisions, inflation, employment, and economic growth. At the same time, it continues to improve features such as intelligent monitoring, AI analysis, profit and loss analysis, and quick trading, enriching the trading scenarios and information service capabilities of the event market.

Gate Money launched a promotional event for account opening, where new users who open a USD-named account can receive up to 100 USDT

According to the official announcement, Gate Money will launch the "Account Opening Gifts" event from October 28 at 16:00 to November 11 at 16:00 (UTC+8). During the event, users who complete registration and identity verification, successfully open an account for the first time, and complete a valid bank transfer will have the chance to receive random rewards ranging from 2 to 100 USDT.After the event ends, Gate will randomly select up to 5,000 users who pass the qualification review, with each person eligible to receive a random reward of 2 to 100 USDT. Each individual can claim the reward once, and no trading or purchase of financial products is required. The specific account opening and reward rules are subject to the official announcement.Gate Money is an integrated financial service application within the Gate App, facilitating cross-border capital flow and daily consumption scenarios. Eligible users can directly open a USD bank account in their own name with one click through the Gate App. The platform supports cross-border deposits and withdrawals in four major fiat currencies: US Dollar (USD), Euro (EUR), British Pound (GBP), and United Arab Emirates Dirham (AED) via SWIFT, and integrates functions such as Convert asset exchange, Earn financial management, Gate Card consumption, and Pay payment, achieving efficient connections from global fund transfers, multi-currency asset management to daily payments.

first_img Robinhood's third-quarter revenue fell short of expectations, with both event contracts and cryptocurrency income increasing month-over-month

The trading platform Robinhood announced its third-quarter financial report, with revenue of $1.42 billion, slightly below Wall Street's expectation of about $1.43 billion; earnings per share were $0.51, lower than the expected $0.55 and also down from $0.61 in the same period last year. Net profit was $476 million, a year-on-year decrease of 14% and a quarter-on-quarter decrease of 17%. This quarter included an unrealized loss of $67 million from Robinhood Ventures Fund I, equivalent to $0.07 per share; adjusted earnings per share were $0.60, a year-on-year decrease of 3%. After the financial report was released, the stock price fell in after-hours trading, closing at about $94.61 on Tuesday, a cumulative decline of about 18% for the year.By business segment, event contract revenue increased from $156 million in the second quarter to $173 million, with customer trading volume reaching a record 16.4 billion contracts, more than seven times that of the same period last year. Cryptocurrency trading revenue rebounded from $100 million in the second quarter to $120 million, but was down 55% from $268 million in the third quarter of 2025; this quarter's cryptocurrency trading volume was $50 billion, a year-on-year decrease of 38%, with $21 billion from in-app and $29 billion from its acquired exchange Bitstamp.Robinhood narrowed its guidance for adjusted operating expenses and equity incentive costs for 2026 to $2.675 billion to $2.75 billion, lowering the previous upper limit of $2.775 billion. A few hours before the financial report was released, the company announced a partnership with Ripple to introduce the stablecoin RLUSD to Robinhood Chain and Bitstamp, with plans to launch it in-app later this year; RLUSD has a market capitalization of over $2.5 billion, and Ripple will also provide fund management software and lending services for Bitstamp traders. Robinhood Chain went live as a Layer 2 network on July 1, generating about $3.13 million in fees within 30 days as of the end of August, surpassing Ethereum and Base.

The Gate event market "Macro Prophet" activity has begun, with a prize pool of 70,000 USDT focusing on the U.S. midterm elections and macro data

According to official news, the WCTC × Gate event market "Macro Prophet" activity has started and will last until November 25 at 16:00 (UTC+8), with a total reward value of 70,000 USDT. Eligible users who complete the WCTC S9 main event and register for this activity will be able to participate in the distribution of a reward pool valued at 20,000 USDT, provided that the daily effective trading volume in designated sectors related to the U.S. midterm elections and macro data reaches 200 USDT for at least 3 cumulative days.A separate cumulative trading volume leaderboard has a reward pool valued at 50,000 USDT, where users meeting the corresponding conditions can receive event market experience vouchers worth up to 8,250 USDT in total. The Gate event market has also launched a macro market special page, which visually displays the event probabilities, trading volumes, and market expectations for topics such as Federal Reserve interest rates, inflation, and employment, providing users with a reference for observing macro trends.Meanwhile, as of October 27, the total prize pool for the 11th phase of the Gate event market points activity has reached 70,049 USD, with the points prize pool being 11,074 USD and the lucky prize pool being 58,974 USD. The top position on the points leaderboard is expected to receive 4,152.75 USD. In conjunction with the ongoing League of Legends World Championship, Gate's "Summit Prediction Competition" is simultaneously offering a total reward pool valued at 150,000 USDT, covering initial predictions, phased trading tasks, canyon power rankings, and championship predictions, combining event result judgments with multi-stage participation tasks.

The Gate event market has launched a macro market special page, with a multi-dimensional data dashboard to help gain insights into market expectations

According to the official announcement, the Gate event market has officially launched a macro market special page, focusing on core topics such as the Federal Reserve's interest rate decisions, inflation, employment, economic growth, U.S. Treasury yields, and economic recession, displaying event probabilities, trading volumes, and market expectations through a visual dashboard. Users can experience related features by updating the Gate App to version v8.41 or above.In the special page, the Federal Reserve interest rate decision module provides a countdown to future interest rate events and displays the probability distribution of options such as rate hikes, rate cuts, and maintaining the current rate; core CPI, core PCE, non-farm employment, and unemployment rates are presented through indicator cards showing the latest forecast results. The GDP module displays the probabilities of different growth ranges, the U.S. Treasury module covers yields for 5-year, 10-year, and 30-year bonds, and the recession module presents market probabilities through a dashboard. The page supports dynamic updates of related event probabilities, and users can also enter event details to view key events and related news.As a centralized trading platform that is the first to layout the event market, Gate's upgrade further integrates macroeconomic information, enhancing the market expectation observation experience. In the future, the platform will continue to enrich the coverage of events, deepen the connection between market data, information, and event trading, and improve the one-stop event market service system.

first_img Trump will emphasize combating overseas cryptocurrency fraud at the White House event

U.S. President Trump will emphasize his administration's actions against overseas cryptocurrency fraud at a cybercrime prevention event at the White House on Wednesday. According to Reuters citing White House officials, these overseas criminal networks lure Americans into participating in fraudulent cryptocurrency investments. Trump and cabinet members plan to point out that the government has shut down multiple fraudulent cryptocurrency investment websites and is working to close down online impersonation scams. Secretary of Homeland Security Markwayne Mullin, FBI Director Kash Patel, Secretary of Defense Pete Hegseth, and Attorney General Todd Blanche are expected to attend.The event follows an executive order from March this year, where Trump instructed the Department of Justice to prioritize identifying and prosecuting cyber fraudsters, followed by a memorandum requiring the Department of Homeland Security to collaborate with private companies to monitor foreign criminal hacker organizations. FBI data shows that in 2025, over 1 million cyber fraud complaints were submitted by the American public, a 17% increase from 2024, with record losses. Cryptocurrency fraud accounted for more than half of the losses, with the FBI's Internet Crime Complaint Center recording 181,565 cryptocurrency-related complaints, resulting in losses of $11.366 billion, with cryptocurrency investment fraud causing $7.2 billion in losses.Most of the fraud activities trace back to organized crime groups in Southeast Asia, involving Cambodia, Laos, and Myanmar, where criminals exploit trafficking victims as forced labor in scam operations. Americans aged 60 and above bear the heaviest losses, with cryptocurrency-related losses reaching $4.43 billion. Cryptocurrency ATM fraud caused losses of $389 million, a 58% increase from 2024; secondary scams targeting previous victims caused an additional $1.4 billion in losses. The FBI's "Operation Upgrade" notified 3,780 victims suffering from cryptocurrency investment fraud in 2025, estimated to recover $225.8 million.
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