Tag: polymarket
3 articles
Hackers Inject Malicious Script in Polymarket Supply-Chain Attack
Polymarket has pledged to fully reimburse customers who lost around $3 million in a shocking supply-chain attack that injected malicious JavaScript into the platform's frontend via a third-party vendor breach. The incident highlights the vulnerability of even major players to these types of attacks.
Google Engineer Exploits Confidential Data for $1.2M Betting Gain
A Google engineer allegedly used confidential data to make a staggering $1.2M betting gain, sparking a federal crackdown on insider trading that threatens to undermine market integrity. The US attorney for the Southern District of New York vowed to investigate and prosecute such greed-driven conduct.
Polymarket Bets Reveal Insider Trading Patterns
Big bets on Polymarket are paying off at an alarming rate, with long-shot wagers of $2,500 or more on military and defense actions winning around 52% of the time, sparking concerns of insider trading. This raises serious questions about who has the inside information and how they're using it.