At a glance
Prediction market Polymarket disclosed that hackers stole $3 million from users after compromising a third-party vendor. The company is investigating the extent of the breach.
Prediction market Polymarket disclosed that hackers stole $3 million from users after compromising a third-party vendor. The company is investigating the extent of the breach.
This is a vendor supply-chain compromise—hackers didn't break into Polymarket directly, they broke into someone Polymarket uses and worked backward from there. The theft already happened; the disclosure is Polymarket coming clean. The "investigating the extent" language means they don't yet know how many users were affected or if the hackers got other data besides the $3 million stolen. For a prediction market dealing in real money, this erodes trust at the wrong moment.
Citation trail
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