Polymarket confirms user losses from third-party security breach

Cryptocurrency prediction market Polymarket has officially confirmed that multiple users suffered losses due to a security incident involving a third-party authentication provider. According to The Block, user reports of account hacks and asset losses began appearing on social media earlier this week. In a statement on its official Discord, Polymarket said it had identified and resolved a security issue that affected a small number of users, attributing the problem to a vulnerability at the third-party provider. The platform added that it will contact the affected users directly but did not disclose the name of the provider or the specific scale of the damages.