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Polymarket pauses trading and puts exchange in cancel-only mode after third-party provider compromise drains user accounts, Decrypt reports

  • Polymarket pauses trading and puts exchange in cancel-only mode after third-party provider compromise drains user accounts, Decrypt reports — Decrypt reported Polymarket paused trading after a third-party provider was compromised, with its trading API in a major outage and the exchange in cancel-only mode. Polymarket said anyone impacted will be made whole and that it referred the incident to law enforcement, after traders reported unauthorized withdrawals including one account drained of 800,000 dollars. (Decrypt)

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