Hackers have stolen millions of dollars from users of Polymarket, a popular prediction-markets platform. The breach occurred on the platform's website, where traders place bets on future events. The company stated that all traders who lost funds in the incident will be 'made whole,' meaning they will be fully reimbursed.
The exact amount stolen and the method used by the hackers have not been disclosed. This incident follows a series of security breaches in the cryptocurrency and online trading sectors. Polymarket has not provided a timeline for when the reimbursements will be processed.
The platform is working with security experts to investigate the breach and prevent future incidents. Users are advised to monitor their accounts for any unauthorized activity.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing