Automated trading tool Polycule based on Polymarket recently experienced a major security incident. On January 8th, the project team PMX urgently issued an announcement revealing that the trading bot system was hacked, affecting approximately $230,000 of user funds.
Details of the Attack and Emergency Measures
This security incident posed a direct threat to Polycule users. The PMX team has begun investigating the source of the attack and has initially identified the specific security vulnerability. They are currently developing a patch as an emergency measure. To prevent further financial risks, all services of the trading bot have been suspended.
Fix Timeline and Follow-up Arrangements
According to official PMX notifications, the development of the security patch is expected to be completed by the end of this week, followed by a third-party security audit. PMX stated that Polycule services will only be restarted after the system is fully restored and passes the audit. During this period, users are advised to suspend use of the trading tool and wait for platform recovery notifications.
This incident serves as a reminder for users to carefully consider the security capabilities of DeFi tools when choosing projects.
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Polycule trading robot faces security attack, $230,000 in funds at risk
Automated trading tool Polycule based on Polymarket recently experienced a major security incident. On January 8th, the project team PMX urgently issued an announcement revealing that the trading bot system was hacked, affecting approximately $230,000 of user funds.
Details of the Attack and Emergency Measures
This security incident posed a direct threat to Polycule users. The PMX team has begun investigating the source of the attack and has initially identified the specific security vulnerability. They are currently developing a patch as an emergency measure. To prevent further financial risks, all services of the trading bot have been suspended.
Fix Timeline and Follow-up Arrangements
According to official PMX notifications, the development of the security patch is expected to be completed by the end of this week, followed by a third-party security audit. PMX stated that Polycule services will only be restarted after the system is fully restored and passes the audit. During this period, users are advised to suspend use of the trading tool and wait for platform recovery notifications.
This incident serves as a reminder for users to carefully consider the security capabilities of DeFi tools when choosing projects.