Polymarket Hack Affects Over 700 Users, With Losses of About $3.46 Million

TechFlow reported on October 30 that, according to on-chain analytics firm Bubblemaps, the compromise of a third-party service provider for Polymarket has resulted in the theft of assets from more than 700 user accounts, with total losses of about $3.46 million.

Bubblemaps data showed that about $2.7 million of the stolen funds was swapped into POL and transferred out, while about $750,000 remains on Polymarket; the main attacker address is 0x3F99139F1C5854bb628c2e576Aaf638e99dFfc18, and the funds have been split across multiple addresses.

As TechFlow previously reported, Polymarket has officially confirmed that a third-party service provider was compromised and said it will fully compensate affected users, while trading on the platform remains suspended.

Source: TechFlow