
The post Polymarket Clarifies $660,000 Drain Was Not a Contract Exploit appeared first on Coinpedia Fintech News
An attacker is allegedly actively draining funds from Polymarket’s UMA CTF Adapter contract on Polygon in a live exploit first identified by onchain investigator ZachXBT. Losses have climbed from an initial $520,000 to more than $660,000 as the attack continues, with the attacker removing approximately 5,000 POL tokens every 30 seconds. Bubblemaps, Lookonchain, and PeckShield …