Polymarket temporarily suspends trading on international platform due to security incident

Polymarket announced on Thursday that it has temporarily suspended trading on its international platform due to a security breach involving a third-party provider. The trading pause lasted approximately one hour before services resumed later in the afternoon. The company has committed to fully compensating any traders who were impacted by the incident.

The prediction market platform emphasized that the decision to halt trading was made as a precautionary measure after the issue was identified and resolved. In a post on X, Polymarket reassured users, stating, “We’ll make this right and are fully reimbursing all affected traders.”

Furthermore, Polymarket has reported the incident to law enforcement authorities in the United Kingdom to investigate the matter further. Preliminary information suggests that the breach may be connected to DebugBear, a UK-based firm known for providing website performance monitoring services.

On Thursday afternoon, DebugBear’s website was inaccessible, and the company acknowledged on X that it was “impacted by an ongoing security incident.” They also recommended that clients utilizing one of their products remove the embed code from their websites as a precaution. However, DebugBear has not yet provided a detailed comment regarding the situation.

As of now, the extent of the impact on traders using the Polymarket platform remains uncertain, and it is unclear how many users were affected by the security incident. Polymarket has assured its community that all individuals impacted will receive compensation for any losses incurred during the trading suspension.