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According to U.Today's latest in-depth report, as the prediction market continues to heat up, sports events are becoming an important engine driving industry growth. As the world's first centralized trading platform integrated with Polymarket, Gate Polymarket significantly lowers the user participation threshold through a wallet-free, cross-chain-free, and gas-free trading experience. Users can directly participate in predictions using USDT in their Gate accounts without complex on-chain operations.Currently, Gate Polymarket has become one of the largest traffic entrances for Polymarket, with a cumulative trading volume exceeding $622 million as of July 16, and a weekly trading volume surpassing $100 million on July 6, ranking first in daily, weekly, and monthly trading volumes across all channels of Polymarket.The report points out that the 2026 World Cup has become one of the important catalysts for the rapid growth of the prediction market. The World Cup Hub, built around the World Cup, integrates event schedules, leaderboards, real-time scores, match reminders, historical data, and prediction trading, continuously attracting a large number of users to participate in sports predictions, further enhancing the activity and market liquidity of Gate Polymarket.U.Today believes that Gate not only lowers the usage threshold of the prediction market but also further improves the product experience by launching innovative features such as a dual-mode trading interface, AI event analysis, smart money fund tracking, real-time capital flow reminders, and event contracts, helping users discover market opportunities more efficiently. Relying on the convenient experience of a centralized trading platform and the deep integration with Polymarket's decentralized prediction market, Gate is continuously expanding the application scenarios of the prediction market, promoting the on-chain prediction market towards a more open, efficient, and popular development stage.

According to market news, Goldman Sachs reported on July 18 that the Dark Side of the Moon released the Kimi K3 model, with 28 trillion parameters, surpassing Claude Fable 5 and GPT-5.6 Sol on the Arena.ai programming leaderboard, reaching a new high for Chinese models with an API pricing of $2.3 per million tokens. Two days after the release, Zhiyu fell by 28%, MiniMax dropped by 16%, the Nasdaq 100 index futures fell by more than 1.8%, and the Philadelphia Semiconductor Index has cumulatively dropped by more than 18% from its peak.Goldman Sachs believes that Kimi K3 marks a turning point: a Chinese laboratory that cannot match the largest pre-trained computing power in the West has rapidly narrowed the gap with top American models through architectural innovation and reinforcement learning, proving that "scaling" is no longer the only winning path. Goldman Sachs warns that the "era of computing power expansion" may be coming to an end, and the investment logic for AI infrastructure built around "the more computing power, the better" needs to be rewritten. Goldman Sachs maintains a buy rating on MiniMax and a neutral rating on Zhiyu. Future attention will focus on the intensive release of 20-50 trillion parameter models such as Zhiyu GLM, Alibaba Qwen, and MiniMax M3 Pro.

According to on-chain detective Specter, an unknown entity withdrew 31 BTC from Wasabi Mixer a few minutes ago, worth 1.98 million dollars, and then cross-chained the funds to Ethereum, exchanging them for 1059 ETH.The wallet then created a new Polymarket account named "yamal19" and deposited the funds into the platform. As of now, the account has purchased YES shares worth 1.16 million dollars on "Spain will win the 2026 FIFA World Cup."

David Sacks, Chairman of the President's Council of Advisors on Science and Technology, stated on the X platform that using regulatory uncertainty as a competitive tool is "completely unacceptable." Regulatory decisions should be based on facts, logic, and evidence, rather than deliberately creating fear and uncertainty (FUD). He is unsure whether venture capitalist and AI policy researcher Dean Ball is acknowledging a strategy of "regulatory capture" or merely predicting that such a situation will occur. However, in any case, the practice of issuing "soft law" warnings through regulatory agencies to create market panic, thereby forcing regulated companies away from Chinese open-source models, should not be accepted.David Sacks pointed out that Dean Ball believes there is no need to directly ban Chinese open-source models; it is sufficient to guide regulatory agencies to issue relevant warnings, which can influence corporate decision-making by creating enough doubt and uncertainty, and these reasons "do not even need to be very substantial." Any regulatory decision must have sufficient basis, rather than implementing policies by "artificially creating doubt." He warned that this practice of circumventing public deliberation procedures not only undermines the foundation of the rule of law but may also open the door to regulatory abuse against any company or individual in the future.David Sacks further stated that current AI policy is at a critical turning point. Leading closed-source laboratories, which have already formed a duopoly in AI model revenue, are attempting to use government power to eliminate open-source competitors. He called on other companies and developers in Silicon Valley that still support open competition to make clear statements to jointly maintain an open ecosystem in the field of AI.

According to a report by Reuters, the French National Gaming Authority (ANJ) has stated that it has requested French internet service providers to block the prediction market platform Polymarket, citing that it promotes illegal betting services, which may lead to significant losses for users, and that some bets may be subject to manipulation risks.Polymarket will remain blocked until it complies with French betting regulations.

Polygon CEO Marc Boiron stated on the X platform that the company is in the final stages of completing the acquisition of Coinme, and will subsequently integrate the relevant teams into Polygon Labs. As part of achieving the profitability goal for 2027, the company has initiated layoffs and is advancing broader mergers and organizational adjustments.Marc Boiron mentioned that Polygon Labs is transitioning from a blockchain foundation-type organization to a blockchain payment company, with the relevant adjustments primarily focusing on organizational structure and talent needs. He also stated that the company's current revenue performance is strong, with stablecoin business volume continuously breaking records, and that compensation and support will be provided to affected employees.

Polygon Foundation CEO Sandeep disclosed that about one-third of the Polygon team paused their daily work last week to participate in a three-day internal AI innovation challenge, with a total reward pool of $15,000 set up by the team.During the three days, 13 projects were produced, of which 6 have officially launched, and 1 has completed real transaction settlement on 5 mainnet chains. Sandeep stated that for the payment sector, the landscape of the next decade will be dominated by teams that truly integrate AI into their daily workflows, and he expressed that this experiment has given him more confidence in the team.

According to Bloomberg, researchers at Stanford University have found signs of manipulation in the Polymarket five-minute Bitcoin betting market. The study analyzed contract data over approximately two months and discovered repeated one-way trading pulses on the Binance exchange that briefly affected Bitcoin prices just seconds before the betting ended, benefiting those with aligned positions. The researchers referred to this pattern as "temporary manipulation to drive up spot prices" and pointed out that such contracts have structural vulnerabilities—participants can influence the outcome by trading the underlying asset itself that determines win or loss.A Polymarket spokesperson stated that the platform uses multiple independent price oracles to ensure accuracy and plans to transition some markets to a settlement method using longer time windows next year to enhance market integrity. The study estimates that suspected manipulators profited about $8.2 million over two months, primarily from losses incurred by retail traders. Similar patterns are not evident in the 15-minute market, where longer time windows make it more difficult to influence outcomes.

According to the latest data from Polymarket Builders, on July 14, Gate's prediction market ranked first in daily trading volume among all channels on Polymarket. With the World Cup semi-finals underway, trading related to the events remains active, and Gate's prediction market maintains its leading advantage. In addition, Gate's prediction market not only ranks first in daily trading volume but also leads in weekly and monthly trading volumes across all channels on Polymarket, continuously demonstrating strong performance and showcasing the platform's user activity and trading enthusiasm in the sports event prediction market.Currently, Gate is launching the "Gate Prediction Market × World Cup Semi-Final Focus Event" campaign, with a total prize pool of 50,000 USDT. During the event, users can sign up and participate in the specified focus event predictions for the World Cup semi-finals on Gate Polymarket. Meeting the event requirements will qualify users for rewards, with no need to predict correctly, allowing them to share the 50,000 USDT prize pool. Additionally, Gate has launched the "World Cup Final Sprint Gift" campaign. During this period, users participating in predictions related to the quarter-finals, semi-finals, or finals in the World Cup section of Gate Polymarket have the chance to receive an 88 yuan JD.com gift card, with a total of 10,000 rewards to be distributed, accompanying users in witnessing the birth of the World Cup champion.As the first centralized trading platform to integrate with Polymarket, Gate has become an important entry point for users to participate in the prediction market. Users can directly access the prediction market through the Gate App, entering the Polymarket page from the Alpha section on the homepage, and conveniently participate in various event predictions using USDT in their accounts. Users can also utilize the "Smart Money" feature to track the positions and market judgments of high-win-rate traders, gaining more reference for event predictions. Gate is continuously expanding the application scenarios of the prediction market, providing users with a diversified experience from event judgment to trading participation.

According to Bitcoin News, the Czech Ministry of Finance officially listed the decentralized prediction market platform Polymarket on the "Unauthorized Online Gambling List" on July 13. The Czech gambling regulator requires internet service providers (ISPs) to complete access blocking for the platform within 15 days.The Czech regulator stated that Polymarket lacks necessary oversight, its operations essentially fall under gambling products, and due to its decentralized nature and unlicensed operation, it bypasses local gambling legal frameworks, posing risks such as market manipulation using insider information and lack of risk control. Recently, several European regulators have continued to tighten control over Polymarket, with Italy re-adding it to the ban list and the Netherlands also rejecting the platform's appeal.

According to DeFiLlama data, Polymarket's revenue reached $11.46 million in the week from July 6 to 12, setting a new high since 2026. Currently, its total value locked (TVL) is approximately $374 million, with an annualized revenue of about $188 million and a trading volume of approximately $4.936 billion in the last 30 days.

According to Bloomberg, the prediction market platform Polymarket is seeking regulatory approval in the United States to conduct margin trading operations in compliance.The company submitted a futures commission merchant (FCM) operating application to the National Futures Association (NFA) through its subsidiary Coming Home GBA LLC on July 3. This move will allow users to participate in event betting with less capital and is expected to attract more professional traders to the market.

PPP market prediction tool monitoring shows that the "Anthropic highest valuation this year" prediction event data on Polymarket indicates that the probability of Anthropic reaching a valuation of $1.5 trillion by the end of 2026 has risen to 78%, up 47% in 24 hours; the probability of reaching $2 trillion has risen to 37%, up 19% in 24 hours.On June 1, Anthropic secretly submitted an S-1 registration statement draft to the U.S. SEC, officially starting the IPO process in the U.S. Recently, research institution SemiAnalysis released a report stating that Anthropic is expected to achieve $1 billion in GAAP operating profit in the third quarter of 2026, with an operating profit margin of 6%.

According to official news, Paxos announced that PayPal USD (PYUSD) is officially natively issued on the Polygon chain and provides services to the market through the Polygon "Open Money Stack."This move aims to provide on-chain dollar settlement solutions for institutions and enterprises under federal regulation, covering deposit, withdrawal, and compliance functions. The Polygon chain currently has a daily average stablecoin settlement amount exceeding $2.5 billion, with a total settlement amount exceeding $2.6 trillion. PYUSD is issued by Paxos, a national trust chartered institution regulated by the Office of the Comptroller of the Currency (OCC).

The official interface shows that Polymarket has launched Perp trading functionality, currently supporting 10 assets including BTC, ETH, SOL, HYPE, as well as gold, silver, SP500, NAS100, WTIOIL, SPCX, with a maximum leverage of 20 times.

The prediction market platform Polymarket announced support for instant, self-custodied deposits via the Bitcoin Lightning Network, powered by the Spark protocol. Compared to the previous on-chain deposit method that required waiting for 3 to 6 block confirmations, taking about 10 to 60 minutes, the new solution allows for deposits to be credited in seconds, while lowering the deposit threshold and transaction costs.According to the introduction, Spark can complete checks for double-spending risk, fees, and Replace-by-Fee (RBF) at the time of transaction broadcasting, achieving "zero-confirmation" crediting. It also supports on-chain, Lightning Network, and stablecoin payment channels without the platform needing to operate Lightning Network nodes itself. Polymarket stated that this move will further enhance the capital efficiency for Bitcoin users and strengthen its competitiveness against rival Kalshi.

Court documents from New York State show that William Wood and Thomas Bush have sued entities related to Polymarket and CEO Shayne Coplan, accusing them of incorrect settlement in the "Will Strategy sell Bitcoin before May 31, 2026?" market.The lawsuit states that the 8-K filing submitted by Strategy to the SEC disclosed the sale of 32 BTC during the relevant period, sufficient to prove that the market should settle as "Yes," but Polymarket ultimately determined it to be "No," and was accused of subsequently issuing a "clarification" that changed the criteria for judgment.

According to The Block, South Korean media regulators will give Polymarket an opportunity to respond before deciding whether to take corrective action against its prediction market platform.Regulators are reviewing whether Polymarket's services constitute illegal gambling activities prohibited by South Korean law.

Polygon founder Sandeep announced on the X platform that from 2026 to the present, Polygon has minted approximately 105.2 million POL, while approximately 107.7 million POL has been destroyed through the base fee mechanism, resulting in a destruction amount that exceeds the newly issued amount, officially achieving annual net deflation for the Polygon network.Sandeep further stated that the reduction in POL supply is mainly due to the base fee destruction brought by Polygon serving as a payment chain with high transaction volume. In May, Polygon's transaction volume surpassed that of other public chains, with a monthly transaction count reaching 198 million.

According to The Block, the combined trading volume of Kalshi, Polymarket, and Polymarket US in June reached $44.8 billion, a 75% increase from May's $25.66 billion.Among them, Kalshi performed the best, with a trading volume of $31.5 billion in June, a month-over-month increase of 87.4%; the main platform of Polymarket had a trading volume of $10.26 billion, a month-over-month increase of 45%; and the Polymarket US platform had a trading volume of $3.04 billion.The report pointed out that the surge in trading volume was mainly due to the opening of the 2026 World Cup on June 11. Kalshi's World Cup champion prediction market has attracted over $832 million in bets.