News linked to both this project and an event.
According to monitoring by Bubblemaps, the hack of a third-party service provider for Polymarket has resulted in the theft of assets belonging to over 700 users, totaling approximately $3.46 million. Of this amount, roughly $2.7 million has been converted to POL and transferred out, while approximately $0.75 million remains in Polymarket.
According to Decrypt, Polymarket has switched trading to cancel-only mode and paused relay operations due to a security incident, with multiple users reporting unauthorized asset transfers. The suspected attacker's address holds approximately $2.65 million in POL.
Odaily reports: The sports prediction account pseudonymously known as swisstony has profited approximately $12.25 million since April 2026, becoming the most profitable account on Polymarket. The statistics cover 170 million predictions across roughly 1.2 million retail accounts. swisstony has opened positions approximately 184,000 times, covering more than 113,000 markets, with cumulative investments of about $657 million; since June, the account has made at least one prediction nearly every hour for 26 consecutive days.
According to CoinShares' market report, the US September CPI rose 0.6% month-over-month and 3.7% year-over-year, exceeding the 3.6% market expectation. Gasoline prices surged 9.1% during the month, accounting for roughly half of the overall increase. Core CPI rose 0.3% month-over-month and 2.6% year-over-year. In the same period, US September retail sales increased 0.8% month-over-month, beating the ~0.3% forecast, while August data was revised up to 1.3%. However, retail sales excluding gasoline only grew by 0.2%, down from 1.0% in August. The report pointed out that inflation remains elevated and economic demand continues to show resilience, driving a hawkish repricing of Federal Reserve policy that weighed on Bitcoin and the broader digital asset market. Data showed that market sentiment notably weakened following the CPI release, with global digital asset investment products recording $434 million in outflows so far this week. Regarding interest rate expectations, as of October 15, Polymarket data indicated a roughly 75% probability that the Fed would hold rates unchanged at its October meeting and about a 25% probability of a 25-basis-point hike. Following the CPI release, futures markets shifted markedly toward a hawkish stance, with expectations of another rate hike within the year rising significantly.
PPP Prediction Market Tool monitoring shows that Polymarket's "StandX will issue a token before the end of 2026" probability has dropped to 3%, a 58% decline in 24 hours.If StandX officially launches a token before 11:59 PM ET on the date specified in the title, the prediction market will resolve as "Yes"; otherwise, it will resolve as "No."Only tokens officially issued by StandX qualify; stablecoins, meme coins, liquid staking tokens (LSTs), and synthetic tokens do not count.The token must have been publicly launched and be actually tradable; merely publishing an announcement does not meet the resolution criteria.Resolution is primarily based on StandX official information, with reference to consensus reports from credible media.Previous news: StandX announced it will not issue a token, and perpetual contracts will enter reduce-only mode starting October 20.Join the PPP signal push community to stay one step ahead and seize the initiative.
Odaily News — A whale trader on Hyperliquid holds a short position of 391.48 BTC, valued at $32.36 million, with an average entry price of $82,863.10. The account has $7.19 million in equity, uses cross margin with 13x leverage, and has a liquidation price of $99,801.20.According to Hyperbot data, the account has executed a total of 4,726 trades, with perpetual contract profits of $952,200 over the past week and a maximum drawdown of 11.03%. As of the time of disclosure, the short position is profitable by approximately $75,500, with funding fees of $64,249.75.This position emerged on the one-year anniversary of the massive crypto market liquidation event on October 10, 2025. Hyperliquid's Bitcoin market open interest is approximately 38,040 BTC, with this account's position accounting for about 1% of it.Coinglass data shows that if Bitcoin rises to $85,000, approximately $3.3 billion in short positions would face liquidation. Polymarket data indicates that the probability of Bitcoin reaching $100,000 before December 31, 2026, is 27.5%. On October 9, spot Bitcoin ETFs saw net inflows of $21.13 million, with BlackRock's IBIT leading the way. (Bitcoin.com News)
Odaily News: According to monitoring by on-chain analyst Yu Jin, a whale address (0x11b...e3B6) with the Polymarket username web3vc withdrew 1.793 million UNI from the lending platform Venus 20 minutes ago and then transferred it to Binance, worth $13.18 million. If sold, these UNI would incur a loss of $3.17 million; last year, it withdrew these UNI from Binance at an average price of about $9.12, moved them to the BSC chain, and deposited them into Venus.
Odaily News: Polymarket has filed a lawsuit in a Dutch court seeking to overturn a ban imposed by the Dutch gambling regulator on its prediction market. The company argues that its event contracts are derivatives and should be regulated by the Dutch Authority for the Financial Markets (AFM), rather than the Dutch Gaming Authority (KSA).On January 20, the KSA ordered Polymarket to cease providing services to Dutch users within four weeks or face weekly fines of €420,000, up to a maximum of €840,000. The KSA stated that inspectors had registered an account through a Dutch IP address, topped up €10 using a Dutch bank account, and purchased $1 worth of "Yes" shares in the "Next Dutch Prime Minister" market.Polymarket said it implemented IP blocking on February 18, but the KSA determined that the measure came one day after the deadline and decided to impose a €420,000 fine. On June 23, the KSA dismissed Polymarket's objection, noting that Dutch law prohibits betting on non-sporting events and that licensed operators are also not permitted to accept cryptocurrency payments. (Bitcoin.com News)
Odaily News: Blockworks analyst Shaunda Devens posted on X that Polymarket's current FDV valuation of approximately $1.5 billion for Variational is somewhat overly optimistic. This pricing directly applies Hyperliquid and Lighter-level valuation-to-revenue multiples to a platform that still relies on points subsidies. By comparison, the median first-day "FDV / annualized revenue" ratio for recently launched Perp DEX tokens is only 6.3x (Variational is currently around 57x), and within the first month after TGE, trading volume typically drops sharply by a median of 54%.Shaunda added that if conservative assumptions based on historical precedents are adopted (using the median first-day "FDV/annualized revenue" ratio of 6.3x), Variational's fair valuation would be only $167 million, corresponding to a points price of $4.8–$5.4. Even using the highest recent ratio precedent (Lighter's approximately 21.1x), its valuation would still only be about $558 million, corresponding to a points price of $16–$18.However, Shaunda also explained: "To be clear, given that current market risk appetite is clearly in a Risk-on state, we do not believe Variational's valuation at TGE will fall to the extremely conservative range mentioned above. These historical multiples are listed to illustrate that current pre-market OTC pricing may be overly optimistic."
According to monitoring by on-chain analyst Alpha Malik (@AlphaByMalik), Binance Wallet today launched the Pre-Access feature sponsored by PancakeSwap, allowing users to gain indirect exposure to trending projects prior to potential listings. On-chain data indicates that Binance Alpha may list the Paimon Polymarket SPV Token ($pPOLY) at 09:00 UTC on September 24, which could become the first project launched through Pre-Access. Contract address: 0x1d80392d12caaaf9e333bb0bb7f021eacf297fe6. This information is based solely on on-chain data and has not been officially confirmed; please follow official announcements from Binance Wallet and Binance Alpha.
Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has previously secretly approved 3 insider trading investigations into Polymarket trading, involving Biden pardon, Iran war, and Google-related event contracts. CFTC Chairman Michael Selig approved an investigation in May into contracts related to the Biden pardon, after a trader had profited over $300,000 from the related market; in the same month, the CFTC also approved an investigation into Iran war contracts, after a group of suspicious accounts was exposed for profiting $2.4 million with a win rate of approximately 98%. In July, the CFTC further launched an investigation into Google-related Polymarket contracts, focusing on individuals who may have used non-public information about Google's 2025 search rankings to trade. The U.S. Attorney's Office for the Southern District of New York is also conducting a parallel investigation, and Polymarket stated that it has referred the relevant matters to law enforcement and is cooperating with the investigation.
Odaily News - Bloomberg ETF analyst Eric Balchunas stated on the X platform that Tema is launching a prediction market ETF. However, this product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering. The ETF will allocate 15% of its positions to private assets from Kalshi and Polymarket, with a management fee of 75 basis points.
According to monitoring by the PPP Prediction Market Tool, the probability on Polymarket that the "foldable iPhone's US launch price will exceed $2,300" has dropped to 15%, down 35% over the past week; the probability of it exceeding $2,200 has fallen to 42%, down 17% week-over-week.The event contract rules state: any foldable smartphone released by Apple will be considered a foldable iPhone, even if it is not explicitly named as such. If the price of the foldable iPhone at its initial US launch is greater than or equal to the specified amount, the market will resolve to "Yes"; otherwise, it will resolve to "No." If Apple releases multiple foldable iPhone models, the lowest announced starting price will be used. If Apple does not announce the price of the foldable iPhone by 11:59 PM ET on September 30, 2026, the market will resolve to "No."According to an official announcement from Apple, the fall 2026 new product launch event will be held at 1:00 AM Beijing time on September 10, themed "Surprise and shine." However, pricing for the device unexpectedly leaked from overseas carrier Vodafone's backend systems in Australia and Egypt. The Australian channel reveals that the iPhone Ultra will be available in 256GB, 512GB, and 1TB storage options, starting at AUD 3,699. Industry observers estimate that the US starting price for the Ultra could land near $2,000.Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.
Odaily News - Polymarket trader "xm39" has continued to increase positions on geopolitical conflict-related prediction events on Polymarket, placing three separate buys totaling 274,500 shares on the U.S. invading Iran before 2027, filled at probabilities of 14%, 15%, and 16%, with an investment of approximately $41,700.Currently, xm39 holds a cumulative total of 642,300 Yes shares, with a total cost of approximately $127,100 and an unrealized loss of roughly $27,600.Additionally, its associated address also added approximately 28,400 WTI short contracts against the market trend, with a trading volume of around $2.401 million. As oil prices continued to rise, the address closed out all 107,400 short contracts at 9:01 AM, with an average closing price of approximately $84.86, recording a realized loss of roughly $131,500. Just about 10 minutes later, its trading direction flipped from short to long. The address subsequently bought approximately 64,700 WTI contracts consecutively and currently holds about $5.531 million in long positions with 20x full margin, with an unrealized profit of around $18,200, a margin return rate of approximately 6.6%, and a liquidation price of about $64.88.
Odaily News: The meme coin "Niu Lai" was listed on Binance Alpha yesterday. After a brief pullback following the news-driven surge, it rebounded in the early hours of today, briefly surpassing a $40 million market cap and currently standing at $38.03 million. DeGods founder Frank has been steadily accumulating, with his current holdings exceeding $500,000 in "Niu Lai." He mentioned that the movie "Niu Lai" will soon be screened in the United States, which is actually a viewing party organized by Polymarket. Qwerty, the top address on the "Niu Lai" profit leaderboard, reduced some of its position yesterday afternoon and has not made any further moves to reduce or increase holdings since then.
According to Hyperinsight monitoring, the address associated with Polymarket trader "xm39" closed all remaining 82,700 long positions on crude oil (CL) on the evening of July 31, with a trading volume of approximately $6.904 million, at an average closing price of $83.52, realizing a profit of approximately $97,000. Afterwards, the address maintained a no-position stance on crude oil defensively for two days.
According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.
analysts at JPMorgan stated that the probability of the U.S. crypto market structure bill, the Clarity Act, passing the Senate by the end of this year has decreased, posing a headwind for the cryptocurrency market. Analysts pointed out that prediction markets show the likelihood of the bill passing this year has dropped to its lowest point of the year, with Kalshi at 37% and Polymarket at 26%.JPMorgan noted that the Senate prioritized other legislative matters before the summer recess. Additionally, unresolved issues such as ethical clauses, enforcement authority, stablecoin yields, DeFi, and illicit finance have made the bill's advancement prospects more uncertain. The bank had previously viewed the Clarity Act as a potential positive catalyst for the crypto market, as it would establish a clearer regulatory framework for the digital asset industry: digital commodities would be regulated by the CFTC, while digital securities would continue to fall under the SEC's jurisdiction.Analysts believe that if the bill is ultimately passed, it would help develop more institutionalized market infrastructure, ease regulatory restrictions on DeFi and stablecoin issuers, boost domestic liquidity and trading volumes in the U.S., and lower the barriers to entry for brokerages, exchanges, market makers, custodians, and bank-related platforms seeking to participate in the crypto industry.
Odaily News Kalshi trader Caleb Davies stated that he had requested Kalshi to delay the settlement of a Spotify prediction market to allow the执法 team to review suspected artificially manipulated streaming data. The market focused on which artists would top the Spotify US Daily Chart, with a trading volume of $3.32 million. Davies stated that Malcolm Todd's song "Earrings" surged approximately 70% in a single day and reached the top of the Spotify US Chart on June 29. Kalshi's Head of Enforcement and Legal, Robert DeNault, responded that only Spotify could verify whether the data originated from genuine listens or manipulation. Kalshi finalized the settlement minutes after issuing this response. Davies noted that the open interest for the "Earrings" outcome rose from $2,000 to over $70,000 in the days leading up to the emergence of the disputed streaming data. The following day, Spotify removed 523,000 streams from the cumulative data for "Earrings," meaning that under the adjusted data, the song would have ranked fourth on June 29 instead of first. Subsequently, Spotify requested Kalshi and Polymarket to remove its branding, stating that neither party had established a partnership with the streaming service. Kalshi has removed the relevant branding and modified its wording. Spokesperson Elisabeth Diana stated that the company is contacting Spotify and conducting an investigation; Kalshi has not yet published the investigation results, rescinded the settlement, or announced compensation.
According to Protos, George Cottrell, an aide to UK Reform Party leader Nigel Farage who was previously convicted of wire fraud, had his Polymarket account (username "GCottrell93") receive a total of $8.8 million in funds in October 2024—$7 million of which came from an OKX exchange wallet (in five transactions), and another $1.83 million from a ChangeNOW wallet. These funds were subsequently used to bet on Trump winning the US election, with approximately $13 million in winnings ultimately transferred to an OKX wallet and $282,000 to ChangeNOW.