Polymarket says user funds safe after exploit, core infrastructure unaffected

Following reports of an exploit involving its UMA CTF adapter contract, prediction market Polymarket has stated that user funds and market settlements are unaffected. Polymarket protocol developer Shantikiran Chanal explained on X that the company is aware of a security incident related to reward payments. He noted that the current investigation indicates a private key for an internal operations wallet was exposed, but the platform's smart contracts and core infrastructure were not attacked. Meanwhile, Santiment reported that the exploit has allowed a hacker to steal 5,000 POL every 30 seconds, with the total amount stolen so far valued at $520,000.