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Crypto

Polymarket overhauls smart contracts, shifts to Protocol V2

Prediction market platform Polymarket has begun piloting a new smart contract system, Protocol V2, in live markets, The Block reported. Polymarket plans to apply Protocol V2 to newly opened markets instead of its existing 2019 Gnosis-based contract structure. The new system includes an ERC-1155 position contract, pUSD collateral, market-type exchanges and a router. It initially supports four market types and uses an oracle aggregator tied to data sources such as UMA and Chainlink.

Crypto

Binance to delist 7 spot trading pairs including LTC and SUI from Aug 21

Cryptocurrency exchange Binance will end seven spot trading pairs, including Litecoin (LTC) and Sui (SUI), from Aug. 21 local time. The delistings follow a regular review of all listed spot pairs, U.Today reported. Binance said ending specific pairs does not mean it is halting spot trading support for the tokens themselves. It also announced changes to margin pairs and scheduled temporary suspensions for token deposits and withdrawals tied to network and wallet maintenance.

Crypto

Binance to delist eight USDC margin trading pairs, trading ends Aug 21

Binance will delist eight USDC-based margin trading pairs on Aug. 21, local time, U.Today reported. The move affects certain cross-margin and isolated-margin pairs, requiring users to close positions and transfer assets before trading ends. Trading will stop at 0600 UTC, when positions will be closed and settled automatically and pending orders canceled. Binance has also blocked new transfers of the assets to isolated-margin accounts and will begin isolated-margin borrowing limits from Aug. 18.