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Polymarket restores trading, pledges refunds after $2.7M breach estimate

Polymarket restores trading, pledges refunds after $2.7M breach estimate

Photo: AMBCrypto

Polymarket has restored trading on its international platform after a security incident involving an outside service provider on October 29. The prediction market said it had fixed the issue, contacted law enforcement and would be fully reimbursing all traders who were affected by it. Bubblemaps believes that about $2.7 million was stolen, with affected customers waiting on more details. Trading returns after emergency pause Polymarket initially restricted its exchange to cancel-only mode, allowing customers to withdraw existing orders while new trades stopped processing. It also paused the service that submits transactions on behalf of the users.

Source: AMBCrypto

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