Polymarket hack updated to $3.1 million days after the platform promised users full refunds

A major hack on Polymarket has now reached $3.1 million, just days after the platform assured users of full refunds. This incident has raised serious concerns about the platform's marketing practices, leading to investigations for false or deceptive marketing. The hack's implications extend beyond just financial losses, as it casts a shadow on the reliability and trustworthiness of decentralized prediction markets. The situation underscores the need for stringent security measures and clearer user communication in the rapidly evolving crypto space.