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Polymarket Hit by Third-Party Security Breach, User Accounts Drained

Polymarket Breach Drains User Funds

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

Decentralized prediction market platform Polymarket has confirmed a security breach affecting a number of its users. The incident, which led to user accounts being drained of funds, has been attributed to a vulnerability in a third-party authentication provider. Reports of the breach began surfacing earlier this week on social media platforms like X and Reddit, with affected users detailing significant financial losses.

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