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Tag: POLY

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Polymarket Traders Wager on Strategy’s STRC Reclaiming Par as Critics Call It a ‘Junk Bond’
STRC’s collapse below par has sparked intense debate as Strategy’s variable-rate preferred stock struggles beneath the $75 mark. Yet Polymarket bettors still see a path back, wagering that the stock will eventually reclaim its intended price, though not anytime soon.… Read full article
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US senators urge CFTC probe Polymarket over ‘deceptive marketing’
Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising. Read full article
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Polymarket Confirms Hackers Drained $3 Million From Users After Third-Party Breach
Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been fully contained, and refunds are being initiated for affected users… Read full article
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About 60% of World Cup bettors on Polymarket are first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry. Read full article
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Polymarket hit by $2.9M theft, users to be refunded
Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend. Read full article
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