Polymarket Sets $3.9M Refund Plan After Third-Party Script Compromise

Share

Polymarket said on October 30 that it would refund $3.9 million following the October 29 incident, including $2.7 million related to the attack and $1.2 million in losses tied to the trading pause. The platform explained that a compromised third-party monitoring script had used active sessions to sell positions and move funds. According to the company, 95% of affected wallets had been fully refunded as of that afternoon, a figure that does not represent a live completion rate. Polymarket removed the script, cleared caches, reset sessions and temporarily halted trading and relayer activity. The company also identified stronger security controls and refund reconciliation as the main issues requiring further assessment.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items