ZachXBT Flags Polymarket Smart-Contract Exploit With $520,000 in Losses

Kamina Bashir

(08:32 AM UTC)

1 min read

On-chain investigator ZachXBT issued a community alert flagging an apparent exploit of Polymarket’s UMA CTF Adapter.

The UMA CTF Adapter is the smart contract that lets Polymarket’s prediction markets settle using UMA’s Optimistic Oracle

According to the alert, attackers have drained more than $520,000 so far. ZachXBT highlighted that the attacker’s address was…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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