Polymarket, a leading decentralized prediction market platform, experienced a security breach resulting in over $520,000 being drained from two smart contracts on the Polygon blockchain. The incident was caused by a private key compromise of an internal operations wallet linked to its rewards payout system. Polymarket's team confirmed that user funds and market operations are secure, emphasizing no broader smart contract or infrastructure breach occurred. Further updates are expected as the investigation continues.
The Solana Foundation has appointed Rachel Conlan, former Binance global CMO, as chief strategy officer, and Jamal Raees from Polygon Labs as general manager of payments. These hires support Solana's focus on institutional adoption and expanding paym...
The Solana Foundation has appointed Rachel Conlan, former Binance chief marketing officer, as its chief strategy officer, and Jamal Raees, formerly of Polygon Labs, as general manager of payments. These hires support Solana's push to attract financia...
