Headlines

Polymarket hack losses rise to $3.1M as refund pledge faces scrutiny

Polymarket’s latest security incident has grown larger after blockchain intelligence firm AMLBot updated the estimated losses to about $3.1 million. Summary Polymarket’s frontend phishing attack now shows $3.1 million in losses across 11 user wallets. The platform says a compromised third-party vendor injected malicious code into parts of its frontend. The refund pledge comes as…

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Here’s How CoinEx Became a Critical Gateway for Iran’s Crypto Economy

CoinEx processed billions in transfers with Iranian exchanges, including more than $2.7 billion in transactions with OFAC-sanctioned Nobitex since 2018. More than $3.84 billion in blockchain transactions have been traced between crypto exchange CoinEx and sanctioned Iranian entities over a period of more than seven years. The findings come shortly after the US Treasury’s…

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