Polymarket Raises $4 Million for Crypto Prediction Market | Crypto Briefing

Key Takeaways

Polymarket raised $4 million in its latest funding round.
The prediction market has settled markets ranging from U.S. election results to COVID-19 case counts.
Polymarket wants to fight fake news by incentivizing bets that produce accurate outcomes.

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A recap of last week’s ‘DeFi Marathon’ hosted by CT China

Cointelegraph China’s DeFi Marathon invited global DeFi projects, venture capitalists, and influential individuals to join a three-day online decentralized finance themed event, from Sep. 2 to Sep 4.
Participants included Ontology, Darwinia network, Miniswap, and Dexe.

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ConsenSys Acquires Enterprise Blockchain Quorum as Part of JPMorgan Investment | Crypto Briefing

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Pulling the rug: DeFi investment hype fuels rise in crypto exit scams

It’s hype season in the crypto space once again, and unsuspecting investors are at risk of suffering losses. Riding on the coattails of decentralized finance tokens that have provided staggering yields, rogue actors are flooding automated market makers like Uniswap with fake tokens.

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