Reuters : Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders — Polymarket said on Thursday it had restored trading after a temporary halt prompted by a security incident involving a third-party provider …
Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders (Reuters)
In short
Polymarket confirmed on Thursday that platform trading operations have resumed following a temporary halt prompted by an external security problem. The disruption originated from an incident involving third-party provider DebugBear, according to a source familiar with the matter. To mitigate user losses, Polymarket announced that it will fully reimburse traders who were affected by the market halt.
Key points
- Polymarket successfully resolved the operational halt caused by a security incident with…: Polymarket successfully resolved the operational halt caused by a security incident with an outside vendor.
- Third-party provider DebugBear was identified by a source as the firm involved in the sec…: Third-party provider DebugBear was identified by a source as the firm involved in the security disruption.
- Financial protections have been promised to compensate platform traders impacted by the t…: Financial protections have been promised to compensate platform traders impacted by the trading pause.