Polymarket says hackers stole users’ funds
Prediction market giant Polymarket confirmed that hackers stole funds from an unspecified number of users after a third-party breach.
In an X post on Thursday, Polymarket said that a compromise at a third-party vendor allowed hackers to inject malicious code into its website “for some users.” The company said it has “contained” the incident and is now contacting the affected victims and “refunding them in full.”
As of Thursday afternoon, it’s unclear exactly what happened.
When reached by TechCrunch, Polymarket spokesperson Connor Brandi confirmed that the breach led to users’ funds being stolen but declined to provide more information, and did not respond to specific questions about the incident.
Around the same time as the Polymarket post, blockchain monitoring firm PeckShield reported on X that a phishing campaign was targeting Polymarket users. According to PeckShield, hackers had stolen around $3 million worth of cryptocurrency.
A blockchain analyst also reported similar losses and claimed that the funds were stolen from more than 11 victims.
Polymarket offers users the possibility of being paid in cryptocurrency.