Polymarket suspends trading after third-party breach leads to user losses

Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
Key Takeaways
- Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Polymarket suspended trading amid reports of user funds being drained
The prediction markets platform halted trading on Thursday after it reported one of its third party providers had been compromised.

Polymarket pauses trading after $2.65 million exploit, says third-party provider was compromised
After over $2.5 million was lost within minutes on Polymarket, the platform said it has since placed its exchange in cancel-only mode.
Polymarket Halts Trading as Users Report $1.4 Million Drained
Polymarket froze new trades as users reported $1.4 million drained. What is confirmed, and who covers the losses? The post Polymarket Halts Trading as Users Report $1.4 Million Drained appeared first on BeInCrypto.