Polymarket to Refund Users After Scammers Swipe Millions in Website Exploit

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Polymarket to Refund Users After Scammers Swipe Millions in Website Exploit

60-second summary

Polymarket is refunding users after hackers exploited a compromised third-party vendor to infiltrate the website, swiping millions in cryptocurrency. The exact amount stolen is unknown, but the breach is a significant blow to the platform's reputation. The incident highlights the ongoing risk of third-party vendor vulnerabilities in the crypto space, sparking concerns about security and user trust.

Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.