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Polymarket Pauses Trading After $2.65 Million Exploit

Polymarket said it placed its exchange in cancel-only mode and paused relayer actions while investigating a compromise of a third-party provider. More than $2.6 million was lost within minutes, according to the report.

POLYMARKET

After over $2.6 million was lost within minutes on Polymarket, the predictions market platform said it has since placed its exchange in cancel-only mode and paused relayer actions while it investigates the incident.On Thursday, Arkham data showed that a wallet address identified as belonging to a s…

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