The recent hack on Polymarket has resulted in losses of approximately $3.1 million, according to blockchain intelligence firm AMLBot. The stolen assets, in the form of the prediction markets token PUSD, were taken from 11 user wallets on the Polygon network and quickly bridged to Ethereum. Polymarket has assured users of full refunds following the breach, which was attributed to a compromised third-party vendor injecting malicious scripts into the platform's frontend.
Blockchain security firm PeckShield highlighted that the attack involved a phishing campaign, with initial estimates of the stolen funds at around 1,893 ETH. Polymarket has since removed the affected dependency and is in the process of contacting and refunding impacted users. The platform has yet to comment further on the incident.
Polymarket Hack Losses Rise to $3.1 Million, Full Refunds Promised
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