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|2026/05/23 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
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.
Uniswap’s Token Burn and Protocol Fee Initiative Gains Overwhelming Support
Key Takeaways Uniswap’s transformative proposal, known as “UNIfication,” aims to burn UNI tokens and activate protocol fees, establishing…
Is it a good time to take out a UVA mortgage? What experts think and what to understand before doing it
The current relationship between the UVA and the dollar appears to be one of the most favorable points for those considering financing a home. However, the real cost of credit, income stability, and the ability to manage debt over the coming years remain decisive.
Global Financial Leaders Gather in Seoul This September
Key figures from major financial institutions leading the on-chain transition of the global financial market will gather in Seoul this autumn. From Franklin Templeton, which manages assets worth $1.8 trillion (approximately 2,500 trillion won), to Northern Trust, which oversees $20 trillion (approxi...
a16z Reveals: Why Argentinians Buy Crypto as a Way to Buy Dollars? After the Crisis, Stablecoins Have Become a National Habit
SuhoAIo and IBK Industrial Bank Complete Joint Concept Verification of Blockchain-Based Instant Overseas Remittance Infrastructure
SuhoAIo Co., Ltd. (CEO Park Ji-soo) announced the successful completion of a proof of concept (PoC) to verify the technical feasibility of a blockchain-based instant overseas remittance infrastructure in collaboration with IBK Industrial Bank.
Fixed Term in Dollars: How Much Do I Earn If I Invest US$3,500 for 30 Days
The profit from a fixed term in dollars depends on the rate offered by each bank. How much can be obtained by investing US$3,500.
The S&P Merval Plummeted 12% in Dollars in August and Country Risk Rose 80 Points, the Largest Jump Since February
Argentine stocks faced a month of intense pressure, with financial entities among the hardest hit. Meanwhile, sovereign bonds also declined, while the dollar showed much more limited movements.
Alleged 5.5 Million MyVete Records Offered for USD $4,000
An advertisement attributed to actor Kazu offers 5,571,174 alleged user records from MyVete for USD $4,000, but it does not include samples or a data schema, and its authenticity remains unverified.
Lazarus moves $30M through Hyperliquid as US talks advance
Polymarket Discusses $1 Billion Funding, Valuation of 29 Trillion Won Mentioned
Polymarket is discussing a new funding round of $1 billion (approximately 1.377 trillion won) while being recognized for a valuation of $21 billion (approximately 28.917 trillion won). The prediction market platform's growth is intertwined with U.S. regulations and political conflicts of interest.
AI data centers are learning the power trick Bitcoin miners mastered first
AI data centers are testing whether they can cut power like Bitcoin miners when the grid comes under strain.
Peach Limits P2P Bitcoin Sales Under New Rules
Bitcoin: American Bitcoin Achieves Record Production Despite Cost Debate
Crypto market moves ‘as one block’ despite broader rally: Cryptex co-founder
What would it take to bring Hyperliquid to the US? Former SEC counsel explains
Iran claims it shot down a U.S. MQ-9 Reaper drone near the Strait of Hormuz
The Islamic Revolutionary Guard Corps claims to have shot down a U.S. MQ-9 Reaper drone east of the Strait of Hormuz, although Washington has yet to publicly confirm the incident. This episode adds to a series of reported drone losses in 2026 and raises questions about the cost and vulnerability of ...
Why Bitcoin’s $2B corporate treasuries are a ticking time bomb of hidden conditional supply
Corporate Bitcoin treasury filings show how options, collars and secured loans can constrain holdings at CleanSpark, PowerCompute and USBC.
Bitcoin needs ETF demand to hold as Fed rate hike risk grows: analysts
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...
...
Contents
Latest articles
04/21/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
