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Predict.fun Pledges Full Reimbursement for Affected Users’ Direct Losses

Predict.fun Pledges Full Reimbursement for Affected Users’ Direct Losses

Photo: TokenPost

Predict.fun will reimburse affected users for their direct losses after unauthorized transfers totaling about 400,000 Tether (USDT), the prediction market said Tuesday, Oct. 27. The platform said a small number of users were affected. Its preliminary investigation points to a possible compromise of an API documentation site hosted by a third-party provider. Predict.fun took the documentation site offline as a precaution while the investigation continues. It plans to publish a full review of the incident and prevention measures after the investigation is complete. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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