Polymarket resumes trading after $2.65M exploit, cites third-party provider

The detail that matters here is attribution: Polymarket frames the loss as a third-party compromise rather than a flaw in its own contracts, which shifts the scrutiny onto how prediction markets vet and monitor the vendors plugged into their settlement and trading infrastructure. For a venue whose product is credible resolution of event outcomes, a multi-million-dollar drain completed in minutes is a trust problem as much as a technical one, and cancel-only mode is a blunt but telling response. What remains open is whether the provider's role is disclosed and whether comparable dependencies across prediction markets get the same scrutiny.