Polymarket Halts Trading Over Exploit That Stole Estimated $2.7M From Users

Prediction market giant Polymarket said Thursday that it had paused trading after discovering a third-party exploit that led to some users losing funds. Trading has resumed, with analysts estimating $2.7 million worth of crypto stolen from users. On Thursday, Oct. 29 at 2:33 p.m. ET, Polymarket wrote on X that it had identified the exploit on its website for international users and paused trading as a precaution. “We’ve identified and fixed an issue impacting our international platform, Polymarket⁠.com. One of our third-party providers was compromised, and we have referred this to relevant law enforcement,” it wrote.