Polymarket hit by $2.9M theft, users to be refunded

60-second summary

Polymarket is currently dealing with a significant security breach, with hackers injecting a malicious script into its frontend, resulting in a $2.9 million theft. The platform has contained the compromise and removed the affected dependency, with users set to be refunded. Market implications are still unfolding, but Polymarket's swift action may mitigate long-term damage to its reputation.