Polymarket Sends $3.9M Back to Traders After Vendor Script Drain
A hijacked page-speed script drained $2.7M from 726 wallets, and Polymarket is covering another $1.19M in losses tied to its trading pause.
Crypto moves fast, with constant innovations, regulatory shifts, and market-defining moments. From Ethereum’s upgrades to Bitcoin’s institutional adoption, DeFi exploits, and NFT breakthroughs, we cover the most important stories shaping the decentralized future. Stay ahead with Bankless — your trusted source for crypto news and insights.
A hijacked page-speed script drained $2.7M from 726 wallets, and Polymarket is covering another $1.19M in losses tied to its trading pause.
The architect of Zcash's current funding model wants both streams switched off, while Sean Bowe and Zooko float a narrower compromise.
Base's fourth solo upgrade retires Flashblocks and moves to five blocks a second, with a catch for any app that counts blocks as time.
Two popular retail trading apps will support Kinetiq's new Hyperliquid chain when it launches November 9.
ICE, which owns the New York Stock Exchange, is investing in trade.xyz and plans for a US version of its Hyperliquid markets, pending CFTC approval.
Crypto revenue climbed 20% from Q2 on the back of Robinhood's L2, while prediction markets outearned crypto again and EPS fell short of estimates.