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#Polymarket has been a victim of a hack that allowed around $700,000 to be drained from several wallets linked to its infrastructure
$POL .
According to the developers, users' funds should remain untouched.
The incident appears to stem from a compromise of a private key related to an internal wallet used for "top-up" operations, and not from the main contracts on the platform.
On-chain investigator
#ZackXBT initially reported over $520,000 in suspicious movements, before
#Bubblemaps ultimately estimated the losses to be close to $700,000 spread across 16 addresses.