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

The Block·October 29, 2026·1 min read
Polymarket pauses trading after $2.65 million exploit, says third-party provider was compromised

After over $2.5 million was lost within minutes on Polymarket, the platform placed its exchange in cancel-only mode. Polymarket stated that a third-party provider was compromised, leading to the exploit. The pause in trading aims to prevent further losses while the platform investigates the incident.

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