Polymarket hit by cyberattack, users lose funds
Polymarket platform officially confirms cyberattack Polymarket, considered the world's largest prediction market, has officially confirmed that it was hit by a cyberattack, resulting in the theft of user funds. This was reported by Zamin.uz.
According to company representatives, the security flaw was related to a third-party service provider, which allowed attackers to inject malicious code into the site. This was reported by Techcrunch.com.
According to Polymarket, this incident did not affect all users, but only a specific segment of them. The company stated that the situation is now fully under control and that affected customers are being contacted.
Most importantly, the platform has committed to fully reimbursing all lost funds at its own expense. Amount of stolen funds and attack method In an interview with TechCrunch, Polymarket representative Connor Brandy confirmed the theft, but declined to disclose specific details of the incident and the exact amount of funds misappropriated.
However, PeckShield, a blockchain security firm, announced on its X social media page that approximately $3 million in cryptocurrency was stolen as a result of this attack. Independent blockchain analysts have also confirmed this information, noting that at least 11 large investors suffered significant losses.
A phishing campaign was used as the attack method, where malicious code forced users to confirm fake transactions. As a result, digital assets from users' wallets were transferred to the hackers' addresses.
Another blow to the company's reputation This cyberattack comes during a difficult week for Polymarket. A few days ago, the company was involved in another controversy.
Investigations revealed that the platform paid social media bloggers to promote videos showing fake winnings. These videos were created to deceive users and attract them to the platform, although such winnings did not actually exist.
Following these allegations, the company promised to conduct a full audit of its advertising content. The cyberattack has now raised serious questions not only about the platform's marketing ethics but also its technical security.
Experts are currently advising users to check the security of their wallets and not to confirm suspicious requests. At a time when platforms like Polymarket are growing in popularity, especially ahead of political events and sporting competitions, such security issues can damage user trust.
Uzbekistan's cryptocurrency enthusiasts are also advised to be cautious when using international platforms and to utilize two-factor authentication and offline wallets.
