Decentralized prediction marketplace Polymarket accused a third-party authentication provider of being responsible for a recent breach on its platform. This comes after users who were affected by the said hack took to X and Reddit to report their losses.
Polymarket Users Exposed to Vulnerability by Magic Eden
Polymarket did not attempt to deny that some of its users were affected by a security breach on its platform. Instead, it pointed to a third-party authentication provider, blaming it for the exploit that resulted in asset losses for several users. One of these users reported the breach on Reddit, stating that there have been three attempts to log into their Polymarket account.
This user clarified that his device has not been compromised, nor did Google find anything suspicious. “All other services are fine,” the user wrote on Reddit. When he later gained access to his Polymarket account, he realized that all his “deals were closed, and the balance is $0.01.”
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