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traffic

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first_img Kalshi's U.S. traffic surged by 1520% in a year, with monthly trading volume reaching 40 billion USD

According to Cointelegraph, the U.S. website traffic for the prediction market platform Kalshi has increased by over 1500% in the past year. Data from Similarweb shows that in July, traffic from the U.S. reached 15.4 million visits, a growth of about 1520% compared to less than 1 million visits in August 2025, with U.S. traffic accounting for nearly 80% of its total traffic. Meanwhile, Kalshi's nominal monthly trading volume in August reached approximately $40 billion, a growth of about 4500% compared to $874 million a year ago.The nominal monthly trading volume for the entire prediction market industry increased from about $2 billion to $50.7 billion during the same period, with Kalshi accounting for nearly 79%. According to Barron's, sports contracts accounted for 83% of Kalshi's trading volume in July. Kalshi is currently facing increasing legal challenges, with New Jersey having submitted the dispute to the U.S. Supreme Court, and Michigan authorities continuing to seek to block its operations.In terms of restricted jurisdictions, Canada brought about 450,000 visits to the Kalshi website in July, a significant increase from about 50,000 in August 2025; traffic from the UK also rose from 31,000 to 296,000. Although both countries are regions where Kalshi's membership agreement prohibits direct access or trading, Kalshi partnered with Canadian financial services company Wealthsimple in June to provide access to nearly 4,000 eligible contracts through a standalone application.

hot_img The Shanghai court in China analyzes the criminal responsibility determination in cases of "traffic diversion" fraud involving virtual currency, which may constitute complicity in fraud or illegal use of information networks

The Shanghai Intermediate People's Court has published typical cases, analyzing whether "traffic personnel" involved in telecommunications network fraud related to virtual currencies constitute accomplices in fraud. From February 2022 to April 2023, the defendants, for the purpose of profit, assisted upstream fraudulent activities by "draining traffic," using online virtual phone software to lure victims into related scam groups, ultimately causing 30 victims to be defrauded of more than 2.34 million yuan (the same currency hereafter) by an overseas fraudulent organization. The overseas fraudulent organization transferred funds into the suspects' trading accounts via virtual currency.The Shanghai First Intermediate People's Court pointed out that in telecommunications network fraud cases, "traffic personnel" may constitute accomplices in fraud or illegal use of information networks depending on specific circumstances. The key lies in determining whether they have formed a clear criminal intent connection with the upstream fraudulent organization and whether there is stable cooperation and division of labor. In judicial practice, when assessing the criminal responsibility of "traffic personnel," factors such as their role in the criminal chain, the degree of organizational management, connections with upstream criminals, methods of profit, and abnormal behavior should be comprehensively considered. Actions that only provide general online services and do not form a conspiracy to commit fraud should be distinguished from "draining" actions that knowingly participate in the implementation of fraud.

PhotonPay releases the "2026 Global Business White Paper on Gaming: From Traffic Growth to Revenue Realization"

Focusing on the next-generation global payment operating system driven by stablecoins, PhotonPay today officially released the "2026 Global Game Operation White Paper: From Traffic Growth to Revenue Realization." The report reveals a significant pain point in the industry that is severely eroding the profits of global game publishers: despite the top 100 mobile games worldwide capturing 57% (approximately $46.6 billion) of the mobile market revenue, the extreme fragmentation of backend payment channels is causing a substantial loss of transactions globally, leaving countless overseas game developers in the awkward position of "having revenue but unable to cash out."To address this pain point, PhotonPay has launched a multi-route aggregated payment network that can automatically convert players' local fiat currency payments into compliant on-chain stablecoins at the backend. This solution achieves second-level clearing and real-time settlement in over 200 countries and regions worldwide without altering the players' native payment experience.It is reported that PhotonPay is a stablecoin-driven global financial infrastructure operating system. Designed for modern enterprises and global platforms, PhotonPay empowers businesses to achieve seamless fund collection, exchange, and settlement between fiat currency and stablecoins through a single, compliance-first interface. The service network of PhotonPay covers over 200 countries and regions worldwide and holds relevant financial licenses in core global markets, aiming to reshape the efficiency boundaries of global payroll and global payments in the digital asset era.

RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)": BingX makes the list for the first time, while XT.com falls out of the top ten

Web3 asset data platform RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)," continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this ranking, Binance, OKX, Bybit, Gate, and Bitget continue to occupy the top five positions.In terms of ranking changes, BingX entered the list for the first time at ninth place due to a significant increase in traffic, while XT.com fell out of the top ten this issue due to a decline in trading volume and insufficient compliance transparency.In terms of traffic, leading platforms showed a moderate decline. Newly ranked BingX had a weekly traffic of 7.6 million, placing it second, just behind Binance. Meanwhile, Ourbit's traffic plummeted from 1.33 million to below 310,000, a drop of over 76%, making it the exchange with the largest decline in traffic this issue.Additionally, according to the ranking data, almost all exchanges experienced a significant decline in daily average trading volume, with decreases generally between 10% and 25%.It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, thereby providing investors with more effective data references. The platform will continue to enhance and publish this ranking in the future.
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