Polymarket says hackers stole users’ funds

Prediction market giant Polymarket It confirmed that hackers stole money from an unspecified number of users after a third-party hack.

In X’s post on ThursdayPolymarket said the settlement with a third-party vendor allowed hackers to insert malicious code into its website for “certain users.” The company said it had “contained” the incident and was now contacting the affected victims and “refunding them in full.”

As of Thursday afternoon, it was unclear what exactly happened.

When TechCrunch reached out to Polymarket spokesperson Connor Brandy, he confirmed that the hack resulted in the theft of users’ funds, but declined to provide further information, or respond to specific questions about the incident.

Around the same time as Polymarket’s post, blockchain monitoring firm PeckShield Reported on X That a phishing campaign was targeting Polymarket users. According to Peckshield, hackers stole about $3 million worth of cryptocurrencies.

Blockchain analyst Also mentioned Similar losses and claimed that money was stolen from more than 11 victims.

Polymarket Provides to users Possibility of payment in cryptocurrency.

In the last two days, two the people On social media they claimed that their Polymarket funds had been stolen.

The hack is the latest blow to a company that has been in the headlines for the wrong reasons this week. Sunday, Investigation revealed That Polymarket paid online content creators to post prank videos showing they won lucrative bets that were actually fake. In response, the company said it would review its promotional content.