Polymarket launched an investigation into a security incident tied to a compromised operations wallet that drained an estimated $700K in POL.

Onchain sleuth ZachXBT flagged a potential exploit of Polymarket's UMA CTF Adapter on Polygon, with $520K reportedly drained so far.

ZachXBT said that Polymarket’s UMA smart contract has been exploited for at least $520,000, pointing to an attacker address receiving hundreds of small transactions.

Blockchain investigator ZachXBT has highlighted a suspected security breach involving Polymarket, the world’s largest decentralized prediction market platform.

Secondo un alert diffuso dalla comunità di ZachXBT, uno dei più noti investigatori on-chain, Polymarket sarebbe stata vittima di un attacco.

Polymarket said findings point to a possible private key compromise tied to an internal top-up wallet on Polygon.

User funds remain safe after the incident, the prediction market platform said, with contracts and core infrastructure unaffected.

Blockchain data platforms said losses climbed above $600,000 after ZachXBT flagged activity tied to a Polymarket-linked adapter.

Polymarket launched an investigation into a security incident tied to a compromised operations wallet that drained an estimated $700K in POL.

Polymarket investigates $520K-$700K in unauthorized POL outflows from a compromised six-year-old private key, confirming user funds and smart contracts remain safe.

Polymarket confirms a private key compromise drained over $520K from an internal wallet. Smart contracts and user funds remain unaffected as the investigation continues.

Polymarket's rewards wallet was drained of roughly $700K through a six-year-old compromised private key. User funds were not affected by the breach.