THE BLOCK · 2026-10-29 19:00 UTC

Polymarket pauses trading after $2.65 million exploit, says third-party provider was compromised

Polymarket paused trading after a $2.65 million exploit, placing the exchange in cancel-only mode. The platform identified that a third-party provider was compromised, leading to unauthorized USDC.e-to-POL swaps. Arkham data tracked the suspected attacker's wallet holding approximately $2.65 million in POL tokens.

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