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Polymarket Hack Tied to Third-Party Vulnerability Drains User Funds

Polymarket Hack Tied to Third-Party Vulnerability Drains User Funds

Author:

Global Cryptocurrency

Published:

2025-12-24 15:34:02

21

3

BTCCSquare news:

Polymarket, a decentralized prediction market platform, has confirmed that a security breach affecting user accounts stemmed from a vulnerability in a third-party authentication provider. Users reported unauthorized login attempts followed by drained balances, with some discovering their positions closed and funds nearly depleted.

The platform asserts the issue has been resolved, though it has not disclosed the scale of losses or the number of affected accounts. Social media posts reveal frustrated users receiving login notifications without initiating access attempts, only to find their accounts emptied shortly thereafter.

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