Polymarket Halts Trading After Third-Party Provider Compromise
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Polymarket suspended trading on Thursday after reporting a third-party provider compromise, amid reports that users’ funds were being drained.
Prediction market platform Polymarket paused trading on Thursday following a reported security compromise at one of its third-party providers.
The suspension came amid reports that funds were being drained from user accounts. The available information did not establish the scale of any losses or how many users may have been affected.
Polymarket reported the provider compromise, but the source did not identify the provider or detail how the incident occurred. No timeline for resuming trading was included.
Source: Cointelegraph
