Polymarket confirms third-party breach led to theft of user cryptocurrency funds
Summary
Polymarket confirmed a security breach where hackers stole cryptocurrency from an unspecified number of users after a third-party vendor compromise allowed malicious code injection into their website. The company has contained the incident, is contacting affected victims, and will provide full refunds. Security firm PeckShield estimates approximately $3 million in stolen funds from a phishing campaign targeting Polymarket users, with another analyst reporting losses from over 11 victims. The company, which pays users in cryptocurrency, had recently faced scrutiny over deceptive promotional videos.
Source
Key quotes
· 4 pulledPolymarket confirmed that hackers stole funds from an unspecified number of users after a third-party breach.
A compromise at a vendor allowed attackers to inject malicious code into Polymarket's website for some users.
The company said it contained the incident, is contacting affected victims, and will refund them in full.
PeckShield reported a phishing campaign targeting Polymarket users and estimated about $3 million in stolen cryptocurrency.
You might also wanna read

Belgian police arrest suspected phishing gang leader tied to $572K theft
Crypto Thief Linked to $40M US Government Theft Identified as Son of Government Contractor
A crypto thief known as "Lick" accidentally revealed a wallet address during a screensharing argument with another thief, which crypto inves
WSJ investigation finds Polymarket viral videos featured $1.9 million in fake bets
Polymarket, a prediction market platform, is seeking CFTC approval to bring its main exchange back to the US while offering a limited regula
arstechnica.com·12d agoSouth Korean Tax Authorities Lose Seized Cryptocurrency After Posting Wallet Passwords Online
South Korean tax authorities seized approximately $5.6 million in cryptocurrency from tax evaders but inadvertently lost a significant porti
Analysis of Wash Trading Patterns on Polymarket Prediction Markets
The article examines suspicious trading patterns on Polymarket, a prediction market platform, where a trader executed rapid buy-sell transac
Trust Wallet Chrome Extension Compromised in Supply Chain Attack, $7 Million Stolen
The Trust Wallet Chrome extension was compromised in a supply chain attack where malicious code in version 2.68 exfiltrated wallet seed phra

Comments
Sign in to join the conversation.
No comments yet. Be the first.