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Polymarket Admin Wallet Exploited on Polygon, Says ZachXBT


Polymarket Admin Wallet Exploited on Polygon, Says ZachXBT

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On-chain sleuth ZachXBT warned that a Polymarket admin address on Polygon appeared compromised, with initial reports of roughly $520,000 stolen. Follow-up analysis by Bubblemaps and Lookonchain raised the estimated loss to over $600,000, marking a notable DeFi security breach that could hurt user trust and protocol adoption.

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Popular on-chain sleuth ZachXBT warned earlier today that an admin address of Polymarket appeared to have been compromised on the Polygon blockchain.

At first, he noted that the stolen amount was around $520,000. However, follow-up updates from Bubblemaps and Lookonchain explained that the actual amount might have surpassed $600,000.

Read the article at CryptoPotato

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