Polymarket suspends trading after third-party breach leads to user losses

Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
This story was originally published by CoinDesk.

Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
This story was originally published by CoinDesk.
Polymarket restricted trading and paused relayer actions as users report funds leaving their accounts. A suspected attacker wallet holds about $2.65 million in POL, per Arkham data.
Polymarket halted all new trading on Thursday, 20 minutes after a trader said $800,000 was drained from his account and warned that other users were hit. The company has not said whether it was…
Alphabet shares fell nearly 12% early Thursday, on track for their worst post-earnings drop on record. Google’s AI search is drawing more users but less ad money. The slide erased roughly $465…
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.
Kalshi was charged Wednesday by Utah with 13 felonies and one misdemeanor in a case naming co-founders Tarek Mansour and Luana Lopes Lara as co-defendants. Prosecutors said the prediction market…