India blocks Polymarket, prepares to target Kalshi next

A compromised internal wallet drained $700K from Polymarket. User funds stayed safe. Here’s what happened and how the team responded. A security incident hit Polymarket this week, shaking the prediction market platform briefly. An attacker gained access to an internal operations wallet used for rewards payouts.  The breach triggered repeated POL token transfers, firing every […] The post Polymarket Exploit: $700K in POL Stolen, Executives Say User Funds Safe appeared first on Live Bitcoin News.

Three members of the Brazil, Russia, India, China and South Africa (BRICS) economic bloc disposed of billions of dollars in US treasuries in one month, the most recent report from the U.S. Treasury Department shows. According to data from the Treasury International Capital (TIC) System, Brazil, China and India together dumped $51.2 billion worth of […] The post BRICS Countries China, Brazil and India Dump $51,200,000,000 in US Treasuries As Ron Paul Warns the Dollar’s Global Reserve Status Is Under Threat appeared first on The Daily Hodl.

User funds remain safe after the incident, the prediction market platform said, with contracts and core infrastructure unaffected.

The incident highlights the critical need for robust security measures in decentralized platforms to maintain user trust and financial integrity. The post Polymarket says user funds safe after admin wallet compromise triggers $700,000 theft appeared first on Crypto Briefing.

Polymarket is reportedly seeking entry into Japan amid falling trading volumes and rising regulatory scrutiny, targeting approval by 2030.

The prediction market has reportedly appointed a representative in Japan as it aims to secure authorization to operate there by 2030.

Here's how much the attacker has siphon off the platform so far.

Polymarket said user funds and market resolution were safe after a suspected private key compromise tied to top-up operations.