Polymarket suffers attack, over 10 wallets affected, $3M in losses; promises full reimbursement

Prediction market platform Polymarket has been hit by a security breach, with more than 10 user wallets compromised. The damage is estimated at approximately $3 million.

According to Polymarket representatives, the attack was caused by a third-party contractor. The project has promised to fully reimburse all affected users.

The incident raises concerns about the security of decentralized prediction markets and the reliance on external vendors.