Polymarket has laid off staff and severed ties with a number of contractors as part of a broader effort to recover from several stumbles that have left it lagging its main rival

Polygon=Real-World Payment Solution🔥 $POL @0xPolygon 🤝 @Tangem Polygon selected as the payment infrastructure for Tangem, a Visa-branded virtual card with more than 6 million wallets across 230 countries🔥💜

Polygon one of few chains making real money. In the month of October, @0xPolygon's chain itself generated some $2.17M in revenue, from activity on the network, averaging around $70,000 per day. Though this seems small, it is greater than some major blockchains, including @arbitrum and even @RobinhoodCrypto chain.

Polymarket odds that Anthropic goes public by November 30 have dropped to 70%, down 13 points this week. The odds sat above 85% as recently as Wednesday, then fell sharply today as the Nasdaq 100 had its worst day since March 2020.

Polygon is now debating hardfork to hand $70.4M $POL back from attacker wallets PIP would zero out those balances and credit the same amounts to verified Polymarket and Binance addresses: ~23.86M $POL to recover Polymarket drain, and ~46.63M from Binance hack Validators already blocklisted the addresses, and per the proposal the attacker then offered them cash to unblock tx The proposal calls it a one-time thing not a whole precedent for future hardforks

Polymarket traders now see a 31.7% chance Anthropic will be the largest IPO of 2026 by market cap. That’s down from around 46% a week ago, with the odds dropping sharply in recent days before recovering slightly. More than $7.4 million has been traded on the market.

Polygon is on a roll this week The @0xPolygon PoS chain has now processed a total of over 8.3 billion transactions and had around 340,000 active addresses in the last 24 hours. A big share of that action runs through @Polymarket, the prediction market holding more than half of the $687M locked in Polygon DeFi. Traders are showing up as well, pushing DEX volume on the chain up 32% to $740M over the past week. Stablecoins on Polygon hold steady near $2.9B, with USDC making up more than half. $POL gained 5.12% on the day to $0.092, lifting its market cap to about $982M.

Polymarket traders are getting rinsed on fees. We compared the cost of making 500 identical 5-min $BTC up/down predictions on Polymarket vs Orderly Predict. The difference is ridiculous.