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Polymarket: $164,000 Frozen After Private Key Leak and Funds Theft
  • UMA0%

BlockBeats News, May 22nd, Polymarket's VP of Engineering, Josh Stevens, announced that with the assistance of ZachXBT, BitcoinVN, and ChangeNOW, $164,000 of the stolen funds from the Polymarket private key leak have been frozen, accounting for approximately 28.6% of the total transferred amount of $573,200. This incident did not affect Polymarket or UMA smart contracts, user fund security, and platform operations remain normal. The investigation revealed that the incident stemmed from a private key that had existed for about 6 years being compromised. This key was used for internal replenishment settings, leading to a continuous flow of funds to the affected addresses. The relevant teams are currently tracking the remaining stolen funds.

Fuente:BlockBeats

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