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.
Deel, a global payroll platform, now allows employers in the Eurozone and the US to pay full-time employees in stablecoins using Polygon's fast, low-cost blockchain. This expands stablecoin payments beyond contractors to salaried staff, handling tax ...
Billionaire investor Mark Cuban has sold the majority of his Bitcoin holdings, expressing disappointment that Bitcoin has not served as a dependable store of value or macroeconomic hedge. Cuban noted that while gold surged, Bitcoin's price dropped, c...
Deploi has launched a direct issuance framework for private credit notes on the Polygon blockchain, backed by ISIN allocations from Nasdaq CSD. The initial issuance targets UK consumer credit with notes up to EUR 5 million, forming part of a EUR 1 bi...
