Polymarket Halts International Trading Following Third-Party Data Provider Hack

Prediction market platform Polymarket experienced an outage on its international exchange this Thursday after a third-party data provider was compromised. The disruption followed reports from traders regarding unauthorized withdrawals from their digital wallets. In response, the company halted trading on its international decentralized finance platform to secure assets. Polymarket has stated it will refund all affected wallets and has referred the matter to law enforcement in the United Kingdom, where the third-party provider is based. While the international exchange was impacted, Polymarket's domestic U.S. operations remained functional throughout the incident.

By Davis Giangiulio · CNBC ·

Polymarket Halts International Trading Following Third-Party Data Provider Hack

Topics: cyberattack decentralized finance platform outage prediction markets unauthorized withdrawals

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