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Polymarket's UMA CTF Adapter on Polygon exploited, $520K+ stolen, users urged to pause activity.

Market News
22 May 2026
Crypto news
View Source
Bearish
pluang ai news

Polymarket's UMA CTF Adapter contract on Polygon was reportedly exploited, resulting in losses exceeding $520,000. Security firms PeckShield and Bubblemaps confirmed two addresses were drained, with stolen funds partially moved to ChangeNOW. Polymarket clarified the issue stemmed from a private key compromise in an internal wallet, not the core contracts, assuring user funds and market resolution remain safe. Users are advised to pause activity while investigations continue amid growing concerns over DeFi security and regulatory scrutiny of prediction markets.

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