Polymarket Hack Updated to $3.1 Million Days After the Platform Promised Users Full Refunds

Polymarket hack updated to $3.1 million days after the platform promised users full refunds

The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports.

Polymarket's Troubles Deepen As Report Says CFTC Launches Extensive Probe Following $3 Million Hack And B

The CFTC launched an extensive investigation into Polymarket as bipartisan scrutiny and a consumer lawsuit intensified regulatory pressure.

Polymarket Breach Exposes Third-Party Security Risks in Crypto

A major security incident has shaken the prediction market industry after approximately $3 million worth of user assets linked to Polymarket were reportedly stolen following a breach involving a third-party service. The incident has reignited concerns over the security risks associated with external service providers and highlighted the importance of safeguarding digital assets beyond the […] The post Polymarket Breach Exposes Third-Party Securi…

Polymarket's $3.1 Million Hack Puts Refund Promise and SEC Probe on Collision Course

Polymarket lost $3.1 million. The breach happened just days after the prediction market platform had already promised users full refunds… Read the original on Polymarket’s $3.1 Million Hack Puts Refund Promise and SEC Probe on Collision Course. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

$3 Million Reportedly Stolen in Polymarket Hack

Decentralized prediction market Polymarket has promised to fully refund users affected by a hacker attack that came to light this week. Polymarket is a cryptocurrency-based prediction market platform that enables users to trade on the likely outcomes of real-world events ranging from elections and economic indicators to sports and cultural happenings. The company has shared little information about the incident. “This morning we discovered a 3rd…

Polymarket Hack Losses Rise to $3.1 Million, Pledges Full Refunds

What Happened in the Polymarket Attack? Hackers stole roughly $3.1 million from 11 Polymarket user wallet accounts after a compromised third-party vendor injected malicious code into the platform’s frontend, according to blockchain intelligence firm AMLBot. The stolen assets were taken in PUSD, Polymarket’s native collateral and settlement token used for trading on the decentralized prediction market platform. AMLBot said the funds were stolen f…