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Polymarket Sets $3.9M Refund Plan After Third-Party Script Compromise

Polymarket says its October 29 incident involved a compromised monitoring script. Its October 30 update put total refunds at $3.9 million, including losses linked to the trading pause.

Dextape brief

By Dextape Desk ·

Polymarket has published a postmortem on an October 29 disruption to its international platform, which it traces to a compromised performance-monitoring script. The October 30 update lists $3.9 million in refunds overall, comprising $2.7 million connected to the attack and $1.2 million for losses from the trading pause. The company said 95% of affected wallets received full refunds as of that afternoon. The company said the script was used against some live sessions to sell holdings and shift funds. Its countermeasures included deleting the file, purging cached data, resetting sessions, and pausing trading and relayer operations for a period. The article notes the 95% figure is a point-in-time company report rather than a live completion rate.

Why it matters: It shows that website code outside a blockchain protocol can expose crypto application users, making script controls and refund accuracy relevant to readers.

Summary by Dextape, based on reporting by NewsBTC. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.

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The Dextape Desk signs Dextape's own work: briefs on wire stories, the daily market report and desk analysis. Briefs are written by an AI model from the publisher's article text and checked automatically for copied wording, unsupported figures and investment advice before they appear. AI drafts from the editorial desk need corroborating sources and an editor's review before release.

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