Predictions markets platform Polymarket was forced to halt trading on its international platform Thursday for nearly an hour because of what it said was a third-party compromise.There were also unconfirmed reports from users on Polymarket’s Discord channel who said their wallets had been drained.
While Polymarket did not confirm that users had lost money, it said “anyone who has been impacted will be made whole.”“We’ll make this right and are fully reimbursing all affected traders,” the company said in a subsequent post on X.Crypto news website The Block reported some $2.65 million in cryptocurrencies had been siphoned from the platform, citing data from blockchain analysis group Arkham.
In a statement posted on its X account, Polymarket said it had identified and fixed an issue affecting its international platform, Polymarket.com.“One of our 3rd party providers was compromised, and we have referred this to relevant law enforcement,” Polymarket said.“Out of an abundance of caution, we have temporarily halted trading & are working to bring the platform back online,” it added.
Trading began again at 3 p.m.ET after nearly an hour offline.
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