Polymarket has launched a new prediction market focused on forecasting the timeline of the next cryptocurrency hack resulting in losses exceeding $100 million. The market, which uses the Rekt News leaderboard as its primary ruling source, also considers credible reports from widely recognized sources. Participants can predict whether such a hack will occur by specific dates: April 30, June 30, September 30, or December 31.
The market's event contract specifies that it will resolve as "Yes" if any cryptocurrency project or exchange suffers a hack or attack resulting in losses of at least $100 million USD equivalent by 11:59 PM Eastern Time on the specified date. Hacks involving decentralized exchanges and lending protocols are included. If no such event occurs by the deadline, the market will resolve as "No."
Polymarket Introduces Prediction Market on Next Major Crypto Hack
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