Polygon Briefly Overtook Ethereum in Daily Fees After Polymarket’s Oscar Markets Drew $15M
Polygon collected about $407,100 in daily transaction fees, exceeding Ethereum’s roughly $211,700 on the same day, as Polymarket’s Oscar 2026 prediction markets concentrated heavy activity onto Polygon’s Layer 2 rails. The key signal is that a single high-throughput, cost-sensitive application can temporarily re-route fee capture away from the Ethereum mainnet and onto a preferred execution […]
Israel Charges Reservist and Civilian Over Alleged Polymarket Bets Using Classified IDF Intelligence
Israeli authorities charged an army reservist and a civilian alleging they used classified military information to place wagers on the crypto prediction market Polymarket, according to a joint statement from the Shin Bet, the Defense Ministry, and Israel Police. Prosecutors say the betting activity generated roughly $150,000 in winnings tied to the timing of military […]
Polymarket Sues Massachusetts, Citing CFTC Preemption After Judge Bars Kalshi Sports Markets
Polymarket escalated its fight with state regulators by filing a federal lawsuit on February 9, 2026 in the U.S. District Court for the District of Massachusetts. The company is seeking to block state-level enforcement after a Massachusetts judge ordered rival Kalshi to stop offering sports-event contracts in the state, setting up a high-stakes conflict between […]
Opinion raises $20 million as prediction markets draw record capital amid weak crypto market
Opinion, a blockchain prediction market platform similar to Polymarket or Kalshi, announced today, February 4, that it has raised $20 million in a pre-Series A funding round. This investment has been backed by Hack VC, Jump Crypto, Primitive Ventures, and Decasonic, among others, and shows us that prediction markets are not a passing fad, but […]
Polymarket Hit by Fresh Europe Crackdowns as Hungary, Portugal Block Access
Polymarket, a blockchain-based prediction market, faced a new wave of regulatory pressure in mid-January 2026 after Hungary and Portugal moved to restrict access, framing paid prediction markets as unlicensed gambling. The immediate risk is operational: domain blocks, cease-and-desist timelines, and ISP-level enforcement can fragment access and liquidity in ways that directly impact execution quality.
Lighter’s LIT Tokenomics Split Defi As Polymarket Bets Top $74M
Lighter’s LIT token launch on December 30, 2025, landed less like a quiet TGE and more like a full-scale liquidity event. Roughly $74 million was wagered on Polymarket around the launch and initial valuation, turning tokenomics into an immediate market referendum.
Polymarket retention outpaces most DeFi platforms, wallets and exchanges
Polymarket’s retention has outpaced the broader crypto ecosystem, showing stronger user persistence than most decentralized finance protocols, custodial wallets and centralized exchanges. This differentiated retention profile signals that Polymarket users behave differently from typical DeFi, wallet and exchange users and reframes how traders and treasuries should think about execution risk and customer lifetime when assessing […]
Polymarket hiring in-house trading team risks market integrity and user trust
Polymarket’s plan to staff an in-house trading desk to trade against customers raises immediate conflict-of-interest and market-integrity concerns, with measurable signs already visible in platform metrics and its regulatory record. The move intersects with prior findings that at times more than 60% of reported volume in certain markets was linked to wash trading, a figure […]
Polymarket opens U.S. app to waitlisted users after CFTC “green light”
Polymarket has begun granting access to U.S. users on its waiting list after receiving a regulatory clearance described as a “green light” from the CFTC. The move opens the platform’s U.S. application to a restricted cohort, a development that matters for traders and institutional treasuries monitoring regulated market access. The company announced the change as […]