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Hacking & intrusion

Polymarket hack estimated to have drained about $3 million in crypto assets

First reported · Last reported · 2 related reports

Crypto assets were stolen from Polymarket in a hack, and an on-chain analyst estimated the losses at about $3 million. Polymarket said it had blocked and removed a malicious bug after a third-party vendor was hacked, and decided to fully reimburse affected users.

Key facts

Affected organization
Polymarket
Incident type
Hacking & intrusion
Occurred / detected
Not confirmed
Scale of damage
Estimated theft of about $3 million in crypto assets
Cause / method
Malicious bug linked to the hack of a third-party vendor
Location
United States

If your data was exposed

Exposed dataCrypto assets

  1. Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.

Timeline

  1. Polymarket's hack losses were reported at $2.9 million, and its plan to compensate affected users was made public.
  2. Polymarket said it had blocked and removed the malicious bug and would fully reimburse affected users, while an on-chain analyst estimated the stolen amount at about $3 million.

2 related reports

  • Hacking & intrusionPolymarket

    Polymarket users lose about $2.7 million in third-party breach

    Impact: About $2.7 million in crypto assets stolen from 726 wallets

    On October 29, malicious JavaScript distributed through a breach of an external service provider stole users' crypto assets on Polymarket. The malicious code, linked to a website performance monitoring tool, hijacked login sessions to siphon funds, with about $2.7 million confirmed stolen directly from 726 wallets. Polymarket temporarily suspended trading before resuming it and said it would pay about $3.9 million in total compensation for direct losses and the trading suspension.

    Related reports: 15 · last report →
  • Hacking & intrusionPolymarket

    Polymarket hacked twice in three months

    Polymarket was hacked twice in three months. A third-party login issue remains unresolved, and the dates and scale of damage of each incident have not been confirmed.

    Read on Startup Fortune ↗

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organization’s official statements for accurate details.