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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)

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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.

Sources checked by our analysis pipeline: 1

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 …

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