DECENTRALIZED MEDIA IS LIVE POWERED BY
Banx Media Platform logo
CRYPTOCURRENCYHappening Now

Polymarket Halts Trading for an Hour After Vendor Compromise, Says Affected Users Will Be ‘Made Whole’

Polymarket briefly stopped trading on its international platform after a provider compromise, promising full reimbursement to affected users.

B

Bobby brown jr

INTERMEDIATE
5 min read
0 Views
Polymarket Halts Trading for an Hour After Vendor Compromise, Says Affected Users Will Be ‘Made Whole’

Disclosure: Banx Network issues the BXE token on the XRP Ledger and therefore has an interest in the XRPL ecosystem. Nothing here is investment advice.

Polymarket halted trading Thursday for nearly an hour after a third-party provider was compromised. The company said it identified and fixed an issue, then resumed trading at 3 p.m. Eastern. Users had reported that wallets were drained, but Polymarket did not confirm losses or disclose how many people were affected. It promised that impacted traders would be “made whole” and said it would fully reimburse affected users. The incident was referred to law enforcement. The company said its US platform did not appear affected.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
THORChain Redirects 20% of SwapKit Fees to Improve Trading Quotes as Wallet Activity Climbs 14%

THORChain Redirects 20% of SwapKit Fees to Improve Trading Quotes as Wallet Activity Climbs 14%

THORChain is redirecting 20% of SwapKit swap fees toward improved trading quotes. The integration attracted 11,307 wallets in its first week, representing a 14…

SEC PUTS TOKENIZATION UNDER THE MICROSCOPE AS U.S. REGULATORS PREPARE FOR FISCAL 2027

SEC PUTS TOKENIZATION UNDER THE MICROSCOPE AS U.S. REGULATORS PREPARE FOR FISCAL 2027

The SEC has included tokenization in its fiscal 2027 examination priorities alongside quantum computing and extended trading hours.

World Liberty Financial's USD1 Builds a $1.4 Billion Position on Solana as Stablecoin Competition Intensifies

World Liberty Financial's USD1 Builds a $1.4 Billion Position on Solana as Stablecoin Competition Intensifies

World Liberty Financial's USD1 reportedly holds $1.4 billion on Solana, exceeding BlackRock's BUIDL fund and PayPal USD in the comparison highlighted by MSB In…