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Polymarket confirms cyberattack on third-party provider after outages

Cryptocurrency-based prediction market Polymarket confirmed that it dealt with outages on Thursday due to a cybersecurity incident involving a third-party provider.

Polymarket confirms cyberattack on third-party provider after outages

The company suffered outages starting at 2pm EST on Thursday and eventually attributed the downtime to a compromise involving an unnamed provider. A spokesperson for the company declined to answer questions about the incident, directing Recorded Future News to a statement that said it identified and fixed an issue impacting its international platform. “One of our 3rd party providers was compromised, and we have referred this to relevant law enforcement,” the company said.

“Anyone who has been impacted will be made whole. Out of an abundance of caution, we have temporarily halted trading & are working to bring the platform back online. Trading is now fully back online. We’ll make this right and are fully reimbursing all affected traders.”

Reported by therecord.media.

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