--- title: "Polymarket Just Can’t Stop Getting Hacked Over and Over Again" description: "Polymarket temporarily paused trading after a hack siphoned millions of dollars from hundreds of user wallets." date: "2026-10-31" modified: "2026-10-31" authors: - name: "Frank Landymore" job_title: "Contributing Writer" link: "https://futurism.com/authors/flandymore.md" url: "https://futurism.com/future-society/polymarket-hacked-again" categories: - "Future Society" --- # Polymarket Just Can’t Stop Getting Hacked Over and Over Again ![A picture of the Polymarket logo on the screen of a smartphone.]() *Shutterstock* Polymarket's soothsaying powers apparently didn't foresee the platform getting hacked — again. The controversial prediction market lost millions of dollars of its users' money after hackers breached its defenses on the international version of its website on Thursday, forcing the company to temporarily suspend trading. According to the *[Wall Street Journal]()*, some $2.6 million was stolen from around 700 traders. Polymarket hasn't confirmed how many users were affected by the hack, but [told *Wired*]() that it will refund the lost money. Notably, this isn't the first major breach the company has suffered this year. In June, Polymarket admitted that a [sophisticated phishing attack]() allowed hackers to inject malicious code into its website and siphon over $3.1 million from around a dozen Polymarket user wallets. Last year, there was also an [alleged attempt]() to manipulate the final outcome of a bet on Ukraine's mineral rights. The cause of this latest security incident, according to the *WSJ*, is a flaw in DebugBear, a third-party website performance monitoring and debugging tool that Polymarket uses. Its website, at press time, is inaccessible and returns a DNS error. On social media, Debugbear [said]() that it had been "impacted by an ongoing security incident" and urged customers to remove its tool's embed code from their websites. Polymarket, for its part, [said]() on X that it had fixed an issue related to a third-party vendor and promised the traders who were impacted that they would be "made whole." Beyond repeatedly getting hacked, Polymarket has been rife with scams and insider trading. Last month, the *WSJ* [reported]() that scammers were making accounts with stolen debit cards on its US platform and using them to place bets to effectively launder the money. The fraud was so prevalent that at one point a company that was processing debit card transactions for Polymarket flagged over 80 percent of its transactions as fraudulent. In all, the launderers attempted to make out with nearly $10 million. **More on prediction markets:** [*“Prediction” Markets Were Comically Wrong About the Brazilian Election*]() ## Author At Futurism, my work has often centered on bringing a sense of clarity and insight to complex topics ranging from the regulation of emerging technologies to the esoteric ideologies of Silicon Valley executives, while striving not to lose the poetic sense of awe inspired by often-obscure fields like astrophysics and quantum computing. I broke the story of CNET using AI to produce articles that turned out to be riddled with factual errors and plagiarism — a dam-breaking inflection point, as I've reported, that's inspired copycats and endless discourse while beguiling stakeholders ranging from tech giants to purveyors of spam around the web. My work at Futurism has been cited by publications including CBS News, the Los Angeles Times, Vice, Gizmodo, Engadget, the Verge, and Vanity Fair. I grew up in locales ranging from India to China, and now live in the exotic suburbs of Virginia. In my free time, I'm an avid reader of weird sci-fi literature, an aficionado of East Asian cinema, and, regrettably, a relapsed gamer. Allegedly, I’m working on a debut novel, currently untitled. ### Author social links [Bluesky]() ## More - [Fraudsters Are Using Polymarket to Extract Money From Stolen Debit Cards]() - [Tesla’s Cybertruck Just Can’t Stop Getting Recalled Over and Over Again]() - [Hacker Steals $600 Million in Crypto, Gets Scared and Returns It]() - [Huge Analysis Finds That the Average Person Is Getting Absolutely Hosed on Polymarket]() - [Hackers Just Stole Nearly $200 Million from a Crypto Exchange, in the Second Heist in Two Weeks]() - [New App Lets Users Bet on Deadly Conflicts in Real Time]() - [Bitcoin.org, Which Taught Users Not to Get Scammed, Gets Hacked and Replaced With Scam]() - [Hackers Reportedly Get Away With $13.7 Million Worth of Bored Ape NFTs]()