[Polymarket Confirms Recent User Account Hack Caused by Third-Party Vulnerability] BlockBeats News, December 24: Decentralized prediction market platform Polymarket has confirmed that a recent security vulnerability involving a third-party identity verification provider has affected multiple users. Earlier this week, reports of Polymarket accounts being hacked began to surface on X and Reddit, with affected users detailing their losses on social media. According to user reports on social media, the issue appears to have impacted users who registered on Polymarket via Magic Labs. Magic Labs allows users to log in with an email address and create non-custodial Ethereum wallets. The Magic Labs registration service is widely used by cryptocurrency newcomers who do not have digital asset wallets. On Tuesday, Polymarket acknowledged the security issue on its official Discord channel, stating: "We recently identified and resolved a security issue that affected a small number of users. The issue was caused by a vulnerability introduced by a third-party identity verification provider." However, Polymarket did not disclose the number of affected users, the amount stolen, or the identity of the third-party service provider involved in the incident. The platform stated that the issue has been resolved and that there are no remaining risks. (The Block)