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An anonymous reader quotes a report from Wired: Trading has resumed on Polymarket's flagship international platform after a hack that drained money from the wallets of some traders. A third-party vendor based in the United Kingdom was breached, not the prediction market's website itself. Law enforcement in the UK have been notified of the incident, the company said. Trading was initially paused while the company investigated for several hours. On X, prominent traders complained that they had lost money; Blockchain analytics firm Bubblemaps reported that around 700 users appear affected, with approximately $2.7 million stolen. Polymarket declined to comment when WIRED asked how many traders were impacted by the breach and how much money was lost, but said it will refund impacted traders. The hack did not impact users on Polymarket US, the company's newer platform for people within the United States. Polymarket runs two separate prediction markets; Polymarket US operates as a federally regulated financial exchange within the country, while the flagship Polymarket is a cryptocurrency-based platform that is banned in the United States and a number of other countries. This is not the first time that Polymarket traders have experienced losses like this. "A nearly identical vendor-compromise attack hit the platform in June, draining close to $3 million from at least 11 user wallets through the same kind of injected frontend script," reports StartupFortune. Hours before Polymarket halted trading, more than $2 billion in cryptocurrency was drained from Binance wallets in just 40 minutes.

Read more of this story at Slashdot.

30 Oct 2026 3:30am GMT

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30 Oct 2026 1:58am GMT

The Commodity Futures Trading Commission (CFTC) has sued Utah to defend its claimed exclusive authority over federally registered prediction markets, as the state files (PDF) 14 criminal charges against Kalshi and its co-founders for allegedly violating anti-gambling laws. The Verge reports: On Wednesday, Utah's Attorney General Derek Brown filed charges against Kalshi co-founders Tarek Mansour and Luana Lopes Lara, including 12 counts of online gambling promotion, a third-degree felony, one count of a pattern of unlawful activity, a second-degree felony, and general gambling promotion, a Class A misdemeanor. The civil lawsuit calls Kalshi a "back-alley gambling den," and Attorney General Brown didn't mince words in a statement to Gizmodo. "Gambling is illegal in Utah, whether you place the bet, run the game, or promote it. Calling it a 'prediction market' doesn't change what it is, and being federally registered doesn't put a company above the law," said Brown. "A federal court has already ruled that Utah's gambling laws apply to Kalshi," continued Brown. "Kalshi kept taking bets from Utahns anyway. That is illegal, and we're putting a stop to it." [...] The Commodity Futures Trading Commission (CFTC) has been jumping into action to protect Kalshi and Polymarket by filing lawsuits against any state that brings charges against the betting sites. President Trump's son, Donald Trump Jr., is a paid advisor to both companies. The CFTC announced Wednesday that it was suing the state of Utah as part of its "commitment to maintaining its exclusive jurisdiction over CFTC-registered prediction markets." The argument is that the feds alone should be regulating these sites. "Utah seeks to shut down prediction markets across a wide variety of markets," CFTC Chairman Michael S. Selig said in a statement. "Event contracts do not just serve hedging and investment purposes -- they also provide the public with information about the outcome of future events. Congress entrusted the CFTC to be the federal regulator with sole responsibility to oversee these markets," continued Selig. "As I've said before, the CFTC has the expertise and responsibility to defend its exclusive jurisdiction over commodity derivatives, and that's exactly what we'll do."

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29 Oct 2026 11:00pm GMT

Myrlyn 1.1 improves openSUSE package management with repository-wide package protection, reboot notifications, new filters, and version comparisons.

29 Oct 2026 10:11pm GMT

Binance is investigating a potential hack after more than $2 billion in crypto was drained from one of its wallets into a new external account, with Blockaid estimating nearly $3.3 billion was moved. "Our teams are aware of reports of a potential security issue and are actively investigating," said Binance on X. "User funds are safe," said Binance founder CZ. "It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance anymore, but as a shareholder, I expect all user funds will be fully covered."

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29 Oct 2026 10:00pm GMT

Reddit's search traffic "was down meaningfully" last quarter.

29 Oct 2026 9:47pm GMT

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29 Oct 2026 8:18pm GMT

Inspector general rejected request from Democratic and Republican senators.

29 Oct 2026 8:08pm GMT

Just three days after version 5.4, Noctalia 5.4.1 arrives with important security fixes, encrypted notifications, and new features.

29 Oct 2026 7:54pm GMT

Tor Browser 16.0 adds native Linux ARM64 support, redesigned settings, improved privacy controls, and a Firefox ESR 153 base.

29 Oct 2026 4:27pm GMT