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Polymarket reports outage on international exchange, halts trading

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Polymarket reports outage on international exchange, halts trading
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Market & Financial Impact: The outage comes just days before the platform is expected to experience heightened trading during the U.S. midterm elections.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Some users of prediction market platform Polymarket's international exchange had funds stolen from their accounts due to a hack an unnamed third-party provider.

Polymarket has contacted law enforcement and pledged to reimburse any trader impacted. It's unclear how many users were impacted. The U.S. platform was not comprimised.

Traders first reported on social media platforms that they were seeing unauthorized withdrawals from their accounts on Thursday afternoon. In response, the company halted trading on its international platform.

Polymarket said that it has fixed the issue on its end, and that trading resumed at 3:00 p.m. ET.

A Polymarket spokesperson said it has referred the matter to U.K. law enforcement, as that is the country of operation for the third-party provider.

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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