On-chain sleuth ZachXBT reveals Polymarket hack! Official statement: User funds are safe

ORIGINAL鏈上偵探 ZachXBT 揭 Polymarket 遭駭！官方急喊：用戶資金安全無虞

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Polymarket, the world's largest decentralized prediction market platform, has been hit by a security incident. Renowned on-chain sleuth ZachXBT stated that the platform's smart contracts on Polygon were allegedly compromised, resulting in the theft of over $520,000 in cryptocurrency. According to real-time on-chain data shared by ZachXBT, the affected contract addresses are: - 0x871D7c0f9E19001fC01E04e6cdFa7fA20f929082 - 0x91430CaD2d3975766499717fA0D66A78D814E5c5 Currently, all stolen funds have been transferred to the hacker's specific collection wallet at address "0x8F98075db5d6C620e8D420A8c516E2F2059d9B91". Development Team: "Private Key Leak" in Reward Distribution System, Not a Smart Contract Vulnerability In response, the Polymarket development team posted on X, stating that they are aware of the reports regarding anomalies in their "reward distribution system." The team emphasized that the incident was not caused by a breach of core infrastructure or a smart contract vulnerability, but rather by a "private key leak of an internal operational wallet." The Polymarket development team stated that they are currently conducting a comprehensive investigation and will provide further updates. In addition to the Polymarket team, Mudit Gupta, CTO of Polygon Labs, also stepped forward to clarify the situation: Polymarket's contracts are secure, and user funds are safe. It appears that only their "Market Initializer" was attacked. This incident has had no impact on users or the contracts themselves. As of now, the official Polymarket account has not yet released a formal, comprehensive statement. This incident once again highlights the long-standing security challenges faced by DeFi platforms. Even if smart contracts are audited and free of vulnerabilities, private key management, internal operational permissions, and hot wallet security remain the primary attack vectors for hackers.

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