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Polymarket Hit by Massive Hack

Polymarket Hit by Massive Hack
AI summary

Polymarket reportedly suffered a major security breach in which nearly 1,000 accounts were drained, with hackers stealing more than $2.6 million. The incident raises fresh concerns about the security of decentralized prediction markets and the funds users hold on such platforms. Traders may treat it as a reminder of smart-contract and platform risk, weighing on confidence in DeFi-adjacent venues.

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