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

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.

Massive Security Breach: Scammers Drain $3.5 Billion From US Bank Accounts in a Single Year
Of the total losses, nearly $1 billion was attributed to business impersonators, with bank-related scams emerging as the most damaging category. Criminals are increasingly utilizing fake security texts and fraudulent calls to bypass traditional defenses, marking a dangerous evolution in modern financial fraud and phishing tactics.

Bitcoin Reclaims $63K: ETF Inflows and Short Squeeze Fuel Massive Rebound
This rally marks a significant recovery from the late-June downturn, as Bitcoin climbed back from levels below $60,000. The combination of institutional demand via ETFs and the liquidation of short positions suggests a strengthening bullish sentiment across the broader cryptocurrency landscape.

Gold vs. Bitcoin: Peter Brandt’s Strategic Pivot as Polymarket Bets Big on $50K+
Simultaneously, the Polymarket prediction market is showing extreme bullishness, with a 99.95% probability of Bitcoin staying above the $50,000 threshold. This divergence between seasoned macro traders and high-stakes prediction markets highlights the intense tug-of-war between traditional safe havens and the digital asset revolution.

Iran Power Shift: Mojtaba Khamenei Takes Charge Amid Escalating US-Israel Tensions
As the geopolitical stability of the region hangs in the balance, market confidence is facing a rigorous test. The potential for intensified regional tensions could trigger significant volatility, influencing global economic sentiment and impacting risk appetite across both traditional and digital asset markets.
