Polymarket: The private key rotation has been completed, and the private key is planned to be migrated to a key management service
By: www.chaincatcher.com|05/23/2026 20:45:00
0
Share
Prefer us on Google
The person in charge of the prediction market Polymarket stated that the recent security incident was caused by the leakage of a private key that had been in use for six years. This private key was used for internal recharge configuration, and some funds consequently flowed to related addresses.
The team has now completed the rotation of the private key and revoked all production environment permissions. The subsequent plan is to migrate all private keys to a Key Management Service (KMS), abandoning traditional storage methods. The platform and UMA contracts were not attacked, user funds are safe, and platform operations are unaffected.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Why Hyperliquid's Prediction Market HIP-4 Can't Keep Up with Polymarket?
Polymarket V2 could change how users bet on events
After Covering 'Half of Brazil', Nu Introduces Stablecoins into Nu Global Accounts
Polymarket - Presidential Election 2027: $128M Bet, Blocked in France
How to Play Event Contracts? Comparison of 4 Popular Platforms
Polymarket: The security incident reported by ZachXBT is due to the leakage of the internal operational wallet's private key, but user funds and market settlements are safe
Polymarket staff Shantikiran Chanal posted on platform X that they have noted a security report related to reward distribution, and user funds and market settlements are in a secure state. The investigation points to a wallet used for internal operations experiencing a private key leak, rather than ...
The Polymarket private key leak incident has frozen $164,000 in funds
According to Polymarket's Vice President of Engineering Josh Stevens, with the assistance of ZachXBT, BitcoinVN, and ChangeNOW, $164,000 in funds have been frozen in the Polymarket private key leak incident, accounting for approximately 28.6% of the total amount transferred, which is $573,200. Josh ...
The Polymarket UMA CTF adapter contract was attacked on Polygon, resulting in losses exceeding $520,000
On-chain detective ZachXBT disclosed that the UMA CTF adapter contract of Polymarket seems to have been attacked on Polygon, with over $520,000 stolen.
Oracle: The Second Battlefield Behind the Prediction Market War
By 2026, the oracle track has essentially evolved from the early "data pipeline" into a "verifiable facts layer" that supports the entire on-chain economy, and prediction markets serve as a magnifying glass to observe the competition in this red ocean.
Illustration of Polymarket's 38 Web3 business partners: Who is providing the infrastructure for "information pricing"?
The Web3 asset data platform RootData has outlined 38 business partners of Polymarket, covering multiple key areas such as oracle, cross-chain assets, exchanges, wallets, and application layers.From an underlying structure perspective, Polymarket primarily relies on Polygon to process transactions a...
Why Are You Always Losing Money on Polymarket? Because You're Betting on News, While The Rulebook Favors Insiders
At Polymarket, most people who bet incorrectly are not wrong in their prediction but rather in not having read the rules carefully.
Polymarket launches a bug bounty program of up to $5 million on the Cantina platform
The prediction market platform Polymarket has launched a bug bounty program on the Cantina platform with a maximum reward of $5 million. The program covers the entire technology stack, including 18 smart contracts on Polygon (V1/V2 CTFExchange and NegRisk versions, fee modules, conditional token fra...
Predicting Contrarian Buy Pressure in the Market: Who is Taking the Other Side of Your Trade?
Predicting those seemingly "sure-to-lose" Yes bets in the market is not a case of dumb money giving away freebies. This so-called counterintuitive behavior is more like a market structure upheld by incentive mechanisms and strategic gameplay.
Predictive Market Probable is about to go live, incubated by PancakeSwap in partnership with YZi Labs
BlockBeats News, December 16th, PancakeSwap announced the launch of Probable — a user-first, zero-fee, fully on-chain prediction platform set to go live soon, exclusively deployed on the BNB Chain. Probable is hatched and supported by PancakeSwap in collaboration with YZi Labs.Probable is aimed at u...
Coinbase International Site to List ZEN, UMA, and GMX Perpetual Contracts
BlockBeats News, on September 3rd, Coinbase International will list ZEN, UMA, and GMX perpetual contracts. The ZEN-PERP, UMA-PERP, and GMX-PERP markets will open on September 4, 2025, at 9:30 AM (UTC) or later.
A transaction of $0.1 can cause Polymarket market makers to lose everything
A blockchain transaction of less than $0.1 can instantly erase market orders worth tens of thousands of dollars from Polymarket's order book. This is not a theoretical deduction, but a reality that is happening.
Korea's Largest Pension Fund Suffers Over $130 Billion Loss Due to Heavy Investment in Samsung and SK Hynix
Ripple to Address XRP Ledger Security at Swell 2026
🚨 Ripple will highlight $XRP Ledger security at Swell from October 27 to 29, 2026.
📌 Vito Tumas and Dejan Cabrilo will discuss formal verification efforts for the XRP Ledger.
🧠 The session on October 28, 2026, will address AI-powered machine-to-machine payments.
Hatem Douidar Joins Tactful AI Investors to Support Its Expansion in AI Solutions
Cardano Project Catalyst selects 12 projects for 2 million ADA pilot fund
From Zero to Financial Freedom: A Trader's HYPE Airdrop Review and Trading Philosophy
BingX, YouHodler and Santander’s Openbank join EU MiCA register
Slow Fog Releases DarkSword Trojan Analysis Report: Public Code Weaponized, iOS Crypto Wallets Face Threats
Emirati Nabta Health Secures Investment from PVP in $3 Million Round
XRP holders can now earn fees from Kraken’s DeFi customers, but there is a catch
Kraken's USDC vault has joined Firelight, creating a new income opportunity for XRP-linked collateral providers.
Can Celestia Turn the Tide with AI Payments After a 97% Drop?
Why is it difficult for meme coins to break the $50,000 market cap? This market is draining retail investors' funds
QCP: AI Credit Risk Heats Up, Bitcoin May Face Range Breakthrough
BlackRock wants tokenized funds to back traditional Wall Street trades
The New PayPal Mafia: 10 Interns, $100 Billion
How Chinese Olympiad geniuses are reshaping the AI and crypto world?
Why Hyperliquid's Prediction Market HIP-4 Can't Keep Up with Polymarket?
Polymarket V2 could change how users bet on events
After Covering 'Half of Brazil', Nu Introduces Stablecoins into Nu Global Accounts
Polymarket - Presidential Election 2027: $128M Bet, Blocked in France
How to Play Event Contracts? Comparison of 4 Popular Platforms
Polymarket: The security incident reported by ZachXBT is due to the leakage of the internal operational wallet's private key, but user funds and market settlements are safe
Polymarket staff Shantikiran Chanal posted on platform X that they have noted a security report related to reward distribution, and user funds and market settlements are in a secure state. The investigation points to a wallet used for internal operations experiencing a private key leak, rather than ...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
