On January 8th, the automated trading tool Polycule on the Polymarket platform officially confirmed a system security vulnerability, putting approximately $230,000 of user assets at risk. The PMX team promptly initiated an emergency response and has now locked down the source of the vulnerability.
Progress and Timeline of Fixes
According to the latest report, the development of the Polycule patch and comprehensive security audit are expected to be completed by the end of this week. Before the fix is completed and verified, this trading bot has proactively suspended all operations to prevent further risk escalation.
User Impact Scope
The security incident affected approximately $230,000 in funds, directly impacting users relying on Polymarket for automated trading. As an intermediary tool connecting users and Polymarket, the security of Polycule is directly related to the safety of user assets.
Follow-up Focus Points
Users should continue to monitor the official updates from PMX. Trading will only resume after the system has completed repairs and security audits. It is recommended that users properly manage their funds across other trading channels before the platform resumes operations.
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Polycule Faces Security Crisis: $230,000 User Funds at Risk, Polymarket Trading Bot Temporarily Suspended
Event Review
On January 8th, the automated trading tool Polycule on the Polymarket platform officially confirmed a system security vulnerability, putting approximately $230,000 of user assets at risk. The PMX team promptly initiated an emergency response and has now locked down the source of the vulnerability.
Progress and Timeline of Fixes
According to the latest report, the development of the Polycule patch and comprehensive security audit are expected to be completed by the end of this week. Before the fix is completed and verified, this trading bot has proactively suspended all operations to prevent further risk escalation.
User Impact Scope
The security incident affected approximately $230,000 in funds, directly impacting users relying on Polymarket for automated trading. As an intermediary tool connecting users and Polymarket, the security of Polycule is directly related to the safety of user assets.
Follow-up Focus Points
Users should continue to monitor the official updates from PMX. Trading will only resume after the system has completed repairs and security audits. It is recommended that users properly manage their funds across other trading channels before the platform resumes operations.