🚨 Nearly USD 400,000 in USDT stolen from Predict.fun users
🔐 The prediction market integrated into Binance Wallet confirmed unauthorized transfers from users’ wallets. Bitquery’s analysis traced 397,708 USDT stolen from 29 wallets in two waves, on October 22 and 27.
⚠️ How did it happen?
Predict.fun suspects its API documentation site, hosted by a third party, may have been compromised. The platform took it offline while it investigates. The exact cause has not yet been confirmed.
💰 Will users be reimbursed?
The team promised to reimburse losses directly related to the incident and publish a technical report once the investigation is complete.
📌 Although Predict.fun is integrated into Binance Wallet, it is an independent service: this does not mean Binance was hacked.
💡 The takeaway: this case shows that security also depends on the external tools and services connected to a platform.
$NVDAB
🔐 The prediction market integrated into Binance Wallet confirmed unauthorized transfers from users’ wallets. Bitquery’s analysis traced 397,708 USDT stolen from 29 wallets in two waves, on October 22 and 27.
⚠️ How did it happen?
Predict.fun suspects its API documentation site, hosted by a third party, may have been compromised. The platform took it offline while it investigates. The exact cause has not yet been confirmed.
💰 Will users be reimbursed?
The team promised to reimburse losses directly related to the incident and publish a technical report once the investigation is complete.
📌 Although Predict.fun is integrated into Binance Wallet, it is an independent service: this does not mean Binance was hacked.
💡 The takeaway: this case shows that security also depends on the external tools and services connected to a platform.
$NVDAB
