Polymarket team says user funds safe as exploit losses climb above $600K

The Polymarket team has assured users that their funds are safe following a recent exploit that has resulted in losses exceeding $600,000. The platform, which allows users to bet on various outcomes, experienced a vulnerability that led to the unauthorized withdrawal of funds. In response, Polymarket is investigating the incident and has implemented measures to enhance security. Users have been encouraged to stay updated as the team works to resolve the situation and restore confidence in the platform.

Read the full article: Coin Telegraph