Polymarket Resolves Third-Party Security Breach, to Fully Reimburse Affected Users
JH Kim
Summary
- Prediction market platform Polymarket said it has resolved issues stemming from a security breach at an external service provider.
- Polymarket said it plans to fully reimburse users for losses caused by the incident.
- Trading was temporarily suspended as the platform undergoes recovery work, and the company did not disclose when trading would resume.
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Prediction market platform Polymarket said it has resolved issues tied to a security breach at an external service provider. The company plans to fully reimburse affected users and has temporarily halted trading while it restores the platform.
Cointelegraph reported on Oct. 29 that Polymarket had fixed the problems caused by a breach involving a third-party service provider.
Polymarket said it would fully cover losses suffered by users affected by the incident.
Recovery work is underway to restore normal operations, and trading has been temporarily suspended during the process. The company did not disclose when trading would resume.
JH Kim
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