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…

Read More

Tether brings $23B gold push into crypto-backed loans

Tether is expanding the use of Tether Gold as crypto lender Ledn adds support for XAU₮.  Summary Tether is expanding XAU₮ utility by bringing tokenized gold into Ledn’s lending platform this year. XAU₮ holders will be able to borrow against gold without selling the underlying tokenized bullion. The move follows Tether’s wider shift toward gold,…

Read More

Q2 2026 Becomes Worst Quarter Ever for Crypto Hacks

Despite the record exploit activity, two major attacks accounted for most of the money lost during the second quarter. According to this week’s report from crypto market tracker CryptoRank, DeFi platforms suffered 121 hacks so far this year, resulting in approximately $942 million in losses. The second quarter accounted for 85 incidents and about…

Read More