Polymarket Hit by $2.9M Phishing Attack: Malicious Script Drains Wallets, Full Refunds Promised
A major security breach has struck the Polymarket prediction market, with attackers successfully draining an estimated $2.94 million from at least 11 user wallets. The exploit involved a malicious script injected into the platform's frontend through a compromised third-party vendor, facilitating a highly effective phishing attack.
Polymarket has officially announced that the compromise is now contained and the malicious dependency has been purged from their systems. To mitigate the fallout and protect user trust, the platform has committed to a full refund policy for all users affected by this crypto theft.
In a swift response, Polymarket stated on X that the breach has been contained and the affected dependency has been removed to prevent further exploitation. Addressing the community's concerns regarding the loss of funds, the platform explicitly stated that all affected users will be fully refunded.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CoinTelegraphSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
WIF Price Alert: Bollinger Squeeze Loaded as Bears Gain the Upper Hand
Technical indicators suggest that bears currently hold the edge, with a 55% probability of a downside break toward $0.15. This potential price action highlights the growing risk for holders if the current consolidation fails to attract renewed buying pressure.
TON Price Warning: 'Dead Money' Trap Below Moving Averages Targets $1.52
This technical setup suggests that a drop toward the $1.52–$1.50 support zone is the most probable high-probability path. Such a correction is viewed as a prerequisite to flush out leveraged traders before any meaningful recovery in the TON price can take hold.
Crypto Blunder: Trader Wipes Out $2 Million in ETH Swap for Lighter Token
The blunder coincided with a period of high volatility, as the Lighter token surged 53% over the week and climbed Coingecko's trending list. This incident highlights the extreme dangers of slippage and poor execution when interacting with trending assets during rapid market rallies.
Trading War: Deribit and SignalPlus Unveil 'The Island' with $600,000 USDC Prize Pool
This strategic move aims to drive massive engagement and liquidity within the crypto ecosystem. By offering substantial rewards in USDC, the competition is set to become a landmark event for derivatives trading, attracting significant attention from institutional and retail participants alike.
Grocery Gains: Kalshi and Polymarket Launch Bold NYC Campaign to Scale Prediction Markets
These grocery giveaways highlight the innovative strategies being deployed by prediction markets to capture market share and expand their footprint. By gamifying economic forecasting through tangible rewards, these platforms are signaling a massive shift in how decentralized information and economic forecasting will influence global sentiment.
Deadline Missed: CLARITY Act Fails Trump’s July 4 Target, Leaving Only 25 Days to Pass
With the Senate returning on July 13 and a recess looming on August 7, the crypto industry's long-sought market structure bill is racing against the clock. This delay places immense pressure on lawmakers to finalize the framework before the summer break.
