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The Japanese yen stablecoin issuer JPYC posted on the X platform that the issuance processing of JPYC on the Polygon network experienced delays starting around 14:00. The related issues have now been resolved, and the backlog of issuance applications is being processed in order.JPYC emphasized that the JPYC issuance services on other networks and all redemption processing across networks were not affected by this incident.

According to The Block, the developer of the tokenized asset settlement platform Multiliquid, Uniform Labs, has raised a total of $8 million in seed and pre-seed funding rounds, with the latest seed round led by Polychain, and participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures.Multiliquid supports institutions in converting between tokenized assets and stablecoins through single atomic transactions, and is currently deployed on Ethereum and Solana.

Polygon Labs official announcement, Bor v2.1.3 is officially released to the public, previously distributed in private version form to validators and major infrastructure providers. This update fixes two medium-severity denial-of-service vulnerabilities in BlockSTM V2 parallel block execution, both submitted by security researchers through the Immunefi bug bounty program.Unbounded keccak256 cache issue: Attackers can fill hundreds of MiB of cache during the speculative execution phase by constructing specific transactions, leading to node memory exhaustion and delayed block production. The fix is to set a capacity limit on the shared cache. Repeated code hash calculation issue in parallel execution: A single transaction can cause the parallel processor to take about 11 seconds, severely affecting node activity. The fix is to cache code hash results on a per-transaction basis.In addition, this update also includes several internal hardening measures: the transaction pool address filtering adds interception for EIP-7702 SetCode authorization, RPC batch execution pool concurrency limit fixes, consistency fixes for reading balances across self-destruct boundaries in parallel execution, and an automatic cleanup mechanism for pending transactions (default 3 hours). The affected versions are Bor v2.1.1 and v2.1.2. v2.1.3 is a non-hard fork, and nodes can upgrade individually without coordination. No exploitation records of the two vulnerabilities have been found on the mainnet and testnet Amoy.

According to The Block, Starknet developer StarkWare has officially opened its privacy trading service OffMarket to the public, allowing users to trade on Polymarket without publicly associating their positions with their accounts.The service has been undergoing limited testing since August, operating based on Starknet's zero-knowledge technology and shared privacy pool. Currently, the USDC deposit limit for each account is set at $1,000, and StarkWare has stated that it will adjust this limit based on demand and usage. Orders are still executed on Polymarket, facing the same buyers and sellers and market prices.OffMarket is completely non-custodial, with users' private keys stored in the browser, and funds held in Starknet's open-source privacy pool. Polymarket positions are held in contracts by wallets derived from user signatures. OpenZeppelin completed an audit of the privacy pool contract in June, finding no serious or high-risk issues, and StarkWare completed formal verification the following month. StarkWare co-founder and CEO Eli Ben-Sasson stated that the project stems from his long-term investment in the field of financial privacy and mentioned that OffMarket is bringing zero-knowledge technology to Polymarket.A spokesperson for StarkWare stated that OffMarket still cannot prevent others from identifying traders through transaction size or timing, and the market, prices, and transactions themselves remain public. Transfers of USDC from the shared pool to new wallets can also be seen.

According to the official blog of Polygon, Polygon Labs announced the completion of its acquisition of Coinme, and its payment infrastructure product Polygon Open Money Stack (OMS) has officially become a payment platform regulated by the United States.Currently, the platform covers 48 states in the U.S., holds 37 state-level money transfer licenses and 11 exemptions, and has registered as a money services business with FinCEN.

According to Bloomberg, Polymarket CEO Shayne Coplan recently hinted at the possibility of launching a platform token, sparking speculation in the crypto community about potential token issuance and airdrop plans.Coplan previously stated at the TOKEN2049 conference in Singapore that the company is exploring an on-chain asset linked to the platform's economic system with practical programmable uses, but did not announce specific token issuance plans. Against the backdrop of an increasing number of crypto startups turning to equity financing, Polymarket's potential token issuance plan has drawn attention.

On October 12, Polygon announced that its Open Money Stack (OMS) has launched automated stablecoin payment operations. The team can set the recipient range, payment budget, and operation window all at once. At the start of the cycle, the product sends a payment request without the need to re-sign for each transfer.The pre-set content by the team includes approved payment operations and recipient range, project expenditure limits, operation window, and expiration time, as well as the ability to close current rules. The wallet will verify the recipient range, expenditure limits, and expiration time on-chain, and the team can also close the rules in advance to prevent the next payment request.Related terms are recorded in the Sessions Module on the wallet chain and executed at the contract layer. Once approved, the backend cannot expand the recipient range, increase expenditure limits, or extend expiration time; requests that exceed the agreed terms will be rejected. This process is part of the same system as deposits, holding stablecoin balances, and subsequent settlement routing.

According to monitoring by Sandeep Nailwal, the Polygon protocol destroyed 100 million POL two weeks ago, accounting for about 1% of the total token supply, with funds sourced from network-generated transaction fees. Currently, another 22 million POL are prepared to enter the next phase of destruction, accounting for about 0.2% of the total supply.Polygon has not fully disclosed the impact of OMS on POL, and relevant information will be announced soon. Last week, the annualized transaction volume processed by OMS exceeded 1 billion dollars for the second consecutive week.

According to Bloomberg, on October 11, 2026, the prediction market platforms Kalshi and Polymarket saw record trading volumes over the weekend driven by NFL and NCAA events, with a total of $8.56 billion over two days, data compiled by Dune Analytics shows. The combined trading volume of the two platforms reached $22.2 billion that week, also setting a record.The prediction markets previously allowed users to trade on a variety of events, from Federal Reserve decisions to pop culture. This season's American football season shows that its growth is increasingly reliant on sports trading. The surge in NFL trading on Kalshi and Polymarket has prompted a review of sports betting regulations.

According to on-chain analyst Yu Jin's monitoring, the whale address of Polymarket user web3vc (0x11b...e3B6) withdrew 1.793 million UNI from the lending platform Venus 20 minutes ago, and then transferred it to Binance, worth 13.18 million dollars.If sold, these UNI would incur a loss of 3.17 million dollars; they were withdrawn from Binance to the BSC chain and deposited into Venus last year at an average price of about 9.12 dollars.

TruGolf Holdings (TRUG), a publicly traded company on NASDAQ, announced that it has completed the acquisition of the Canadian asset tokenization company Polymath Research Inc. Polymath is a company focused on institutional-grade asset tokenization and is also the developer of the Layer 1 blockchain Polymesh, which is aimed at regulated assets. After the acquisition, Polymath will operate as a wholly-owned subsidiary of TruGolf, while TruGolf will continue to retain its original businesses such as golf simulators and the E6 platform, forming two business lines: golf technology and blockchain infrastructure.As of December 31, 2025, Polymath has issued tokenized assets worth over $132 million for more than 65 active issuers and has over 50 ecosystem partners. The two parties also plan to launch a device leasing tokenization and franchise rights fragmentation holding project in the first quarter of 2027. In addition, TruGolf received approximately $2.95 million in net proceeds from the exercise of B-round preferred stock warrants related to this transaction.

Polychain Capital founder and CEO Olaf Carlson-Wee announced at the Network State conference that Polychain is leading a new round of financing for Network School, with a valuation of $2 billion. Andreessen Horowitz (a16z), Coinbase, and Balaji himself, among other institutions and individuals, participated in the investment, with the specific financing amount not disclosed.Olaf stated that Polychain's investment strategy does not solely focus on incremental improvements but seeks projects that utilize new business models or technologies to solve problems in different ways. He expressed anticipation for participating in the financing of Network School and mentioned that he has known and collaborated with Balaji for over ten years.

Edward Lee, who previously worked at Coinbase and Circle, announced that he has joined the prediction market platform Polymarket as the Head of Product, Exchange, responsible for the development of Polymarket US and international on-chain exchange-related products.Edward Lee stated that over the past decade, he has been involved in building the infrastructure of the cryptocurrency industry, and he will now focus on developing products that operate on top of this infrastructure. He believes that every idea should have a price, and every outcome should have a corresponding market, with prediction markets being the starting point in this direction. He also thanked Shayne Coplan and the team for their trust and expressed a welcome to regulated market and DeFi builders, traders, and partners to connect and communicate.

Polymarket's CEO Shayne Coplan stated during a fireside chat at the Token2049 conference in Singapore that cryptocurrency trading is evolving into a game of "irrational exuberance," where traders compete to be the first to find the next hundredfold token. He pointed out that people think they are buying something valuable, but in reality, it is worthless; however, as long as there is a possibility of it rising to 100 times, they want to sell before it goes to zero. Coplan mentioned that some traders can gain considerable wealth through this strategy, but it is essentially a game of "irrational exuberance and hot potato," where rising asset prices will eventually fall back.Coplan indicated that the continuous growth of Polymarket's user base shows that some traders are looking for betting opportunities with more predictable odds, rather than the next skyrocketing cryptocurrency. He explained that trading these markets on Polymarket does not have exponential upside potential, but informed traders will continue to place bets on future events with more predictable odds. According to data from DefiLlama, Polymarket is the second-largest prediction market, with a trading volume of $1.21 billion in the past seven days, while the largest market, Kalshi, had $2.3 billion.The growth of prediction markets has also attracted more attention from U.S. regulators. It was reported that JPMorgan terminated its banking relationship with Polymarket on August 14 due to regulatory concerns but expressed interest in acting as an underwriter if Polymarket seeks to go public.

Regarding the announcement "Polygon is not dead" released by Polygon's official Twitter, which is suspected to mock the shutdown of Abstract, Polygon founder Sandeep responded that the dissemination effect of the related content "did not meet expectations," and some people attributed a completely different meaning to it. The Polygon marketing team was self-deprecating, as Polygon's fundamentals are still growing, and there was no intention to imply anything about Abstract's shutdown.Sandeep added that he was also confused when he first saw the content and emphasized that he has great respect for Abstract founder Luca Netz and his team. Since Polygon itself had also terminated the zkEVM project, he empathizes with the pain and would not mock the other party, wishing Luca and the Pudgy Penguins team all the best.

Polymarket CEO Shayne Coplan stated at Token2049 that they are exploring an on-chain asset linked to the Polymarket economy that also has true programmatic utility, which he referred to as "the way stocks should be."Shayne Coplan also emphasized very cautiously that this is not investment advice.

On October 7, WEEX Exchange announced the launch of the "Wall Street Tycoon × Monopoly" event. Users can sign up to receive dice, complete tasks such as trading real-time U.S. stocks, contract trading, consuming stock tokens, and inviting friends to earn more dice; rolling the dice to move on the board will unlock random rewards such as BTC / ETH / USDT / WXT / stock tokens / bonuses / deductions / position airdrops / points / dice, and users can also participate in U.S. stock prediction contests daily to win more points and share a prize pool of one million USDT. Event duration: October 7, 00:00 to November 3, 23:59 (UTC+8).Among them, from October 7 to 11 is the TOKEN2049 themed phase. Users who sign up to participate in the event on-site at TOKEN2049 Singapore can receive a limited VIP experience card. In addition, participants can also visit the WEEX Alpha Suite to join roundtable forums, AMAs, AI trading experiences, and Mini Trading House interactions, receiving exquisite merchandise and custom souvenirs.