Hackers Reportedly Steal Millions After Targeting Polymarket Users
Polymarket said it contained the breach and is refunding affected users in full after hackers stole about $3 million in cryptocurrency.
- On Thursday, Polymarket confirmed that a third-party vendor compromise allowed hackers to inject malicious code into its website, resulting in an estimated $3 million in losses for users.
- The breach follows a Wall Street Journal investigation revealing Polymarket paid online creators to post deceptive videos showing fake wins, using "near-perfect copies of its website" for simulated trades.
- According to blockchain monitoring firm PeckShield and SpecterAnalyst, the attacker drained funds from more than 11 victim wallets holding PUSD, swapping stolen assets for ETH before consolidating proceeds.
- Polymarket head of experience William LeGate confirmed the company "contained" the incident and is contacting affected victims, "refunding them in full" to address losses.
- These security concerns contrast sharply with recent praise for Polymarket's ad campaign featuring music producer Rick Rubin, which earlier this week earned endorsement from CNBC's Andrew Ross Sorkin.
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37 Articles
Prediction market giant Polymarket hit by cyberattack, with company confirming user funds stolen — here is what we know
Polymarket prediction platform was hacked via a compromised third‑party vendor dependency, injecting malicious scripts into its frontendAround $3M in crypto stolen from ~11 users, according to PeckShield; Polymarket is refunding victims in full while removing the affected dependencyCommunity reactions on X were critical, with some blaming prior “taunting hackers”; one victim speculated the breach may have involved Xorek Cloud’s VPSPolymarket, a …
Hackers nabbed funds from Polymarket users
While bets soar across online prediction markets, some Polymarket users may have seen their wallets thin — not because of losing predictions, but because hackers weaseled their way into their accounts. SEE ALSO: FCC ID mandate plans could kill anonymous burner phones The prediction market platform announced the breach on Thursday (June 25) via X, explaining that attackers had gained access to an undisclosed number of user accounts after compro…
Hackers reportedly steal millions after targeting Polymarket users
Hackers have stolen funds from an undisclosed number of Polymarket users, the prediction market company disclosed Thursday. In a statement on X, Polymarket said the hackers were able to target victims by injecting a malicious script into its website following the compromise of a third-party vendor. Polymarket said that it has fixed the issue and is in the process of contacting affected users and refunding their losses in full. While the company …
Polymarket customers lose $3 million in supply-chain attack
Polymarket says it will fully reimburse customers who lost an estimated $3 million after hackers injected a malicious script into the platform's frontend following a breach at a third-party vendor. [...]
Polymarket Will Refund Users After $3 Million Front-End Exploit — Its Second Hack in Two Months
Some Polymarket users have seen their funds stolen after a third-party vendor compromise, the platform said Thursday. According to Polymarket’s X post, an unnamed third-party vendor was hacked, allowing attackers to inject malicious code into the prediction market’s front-end. Polymarket said it has identified and removed the malicious code, patched the vulnerability, and will fully reimburse all affected users. While Polymarket did not provide …
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