Polymarket hit by $2.9M theft, users to be refunded

Polymarket, a popular prediction market platform, has suffered a significant security breach resulting in the theft of $2.9 million in user funds. The incident has raised concerns about the safety of digital assets on the platform, prompting Polymarket to assure users that they will be fully refunded for their losses. The company is currently investigating the breach and implementing measures to enhance security. This incident highlights the ongoing vulnerabilities within the cryptocurrency sector, as platforms strive to protect user investments amidst increasing cyber threats.