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Polymarket Hit by Second Multimillion-Dollar Security Breach in Four Months
(3 hours ago) · 1 source · Summarized by CryptoBipto
Polymarket, the blockchain-based prediction market platform, has reportedly suffered its second major security breach in approximately four months. The incident reportedly resulted in multimillion-dollar losses. Details about the nature of the exploit and the full extent of the damage are still emerging.
WHY IT MATTERS
A prediction market is like a betting platform where people wager on the outcome of future events, such as elections or sports results, but it runs on blockchain technology.
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SOURCES
- cryptoslate.com
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