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Project Overview
Gains Network is a decentralized leveraged trading platform. Its synthetic architecture makes gTrade more capital efficient than any other existing platform, allowing for low trading fees and a wide range of leverages and pairs (up to 150x on cryptocurrencies, up to 1000x on forex, and up to 100x on stocks).
Binance will gradually open withdrawals for more assets starting at 12:00 today
Odaily reports: Binance has released Security Incident Recovery Progress Update #8, announcing that it will begin opening withdrawals for some assets in batches starting at 12:00 Beijing time on November 5, 2026. The assets involved include UNI, AAVE, PAXG, VIRTUAL, MORPHO and others on the ETH network; ASTER, PROM, UNI, 1MBABYDOGE, FIL and others on the BSC network; AERO, VIRTUAL, MORPHO, and AVNT on the BASE network; JST, SUN, and BTTC on the TRX network; GNS on the MATIC network; and MMT on the SUI network. The relevant withdrawal services will be gradually restored in batches after security checks are completed, while deposit services will remain normal.
Connecticut Attorney General Issues Crypto Alert as Investor Loses $200,000
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)
Related news
Binance will gradually open withdrawals for more assets starting at 12:00 today
Odaily reports: Binance has released Security Incident Recovery Progress Update #8, announcing that it will begin opening withdrawals for some assets in batches starting at 12:00 Beijing time on November 5, 2026. The assets involved include UNI, AAVE, PAXG, VIRTUAL, MORPHO and others on the ETH network; ASTER, PROM, UNI, 1MBABYDOGE, FIL and others on the BSC network; AERO, VIRTUAL, MORPHO, and AVNT on the BASE network; JST, SUN, and BTTC on the TRX network; GNS on the MATIC network; and MMT on the SUI network. The relevant withdrawal services will be gradually restored in batches after security checks are completed, while deposit services will remain normal.
Connecticut Attorney General Issues Crypto Alert as Investor Loses $200,000
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)