polycule

According to community reports, the trading bot project Polycule based on Polymarket is suspected of a rug pull. The Polycule team stated last Thursday that they had suffered a hacker attack, affecting $230,000 of user funds. The bot is currently offline, and patching and auditing work will be completed before the weekend.However, as of the latest post, users affected by the Polycule attack are still unable to withdraw their funds, and the team has not provided any updates on the incident, raising suspicions of a rug pull.

According to the official announcement from PMX, its Polycule trading bot was attacked by hackers exploiting a vulnerability last night, resulting in the theft of user funds. The source of the vulnerability has been identified, and a fix and audit will be launched this weekend.The official statement indicates that only about $230,000 of user funds were affected. Once the system is restored, compensation will be provided to the affected users on the Polygon chain through the treasury, restoring their balances to pre-attack levels.

ChainCatcher news, based on the trading bot project Polycule by founder krish on the X platform, announced a partnership with Meteora to launch the prediction platform PMX. It is reported that PMX works by transforming each prediction market into two tokens. "YES" and "NO" tokens are minted and added to the LP pool. Due to arbitrage wallets rebalancing prices, the prices together reach 1 dollar. After the event result is confirmed, the losing token will be dumped to 0, while the holders of the winning token will receive airdrop rewards.As a result of this news, the PCULE (now PMX) token saw a 24-hour increase of 43.97%, with a current market cap of 22.8 million dollars. On June 8, Polycule announced a $560,000 investment from Alliance DAO.

ChainCatcher news, according to GMGN market information, Polycule (PCULE) has increased by 61.19% in the last 24 hours, with a current market cap of 24.06 million USD, reaching an all-time high.In previous news, Polycule announced a 560,000 USD investment from Alliance DAO. Relevant information shows that Polycule is a streamlined Telegram trading bot designed to simplify trading on the Polymarket prediction market platform.

ChainCatcher news, according to dynamic data from RootData X, in the past 24 hours:The Polymarket event trading platform polycule has attracted attention from a16z co-founder Marc Andreessen, Electric Capital co-founder Avichal Garg, CoinFund founder Jake Brukhman, and others.The Hyperliquid-based scaling protocol Hyperbeat has garnered interest from angel investor DCF GOD, Aperture founding partner Kay Fong, crypto influencer Stephen, and others.The cryptocurrency mobile wallet HaHa has caught the attention of the Web3 hackathon ETHDenver.The meme launch platform DubDub has attracted interest from Taproot Wizards co-founder Udi Wertheimer.The DeFi lending protocol [Takara Lend](https://www.rootdata.com/zh/Projects/detail/Takara Lend?k=MTY0NTk= "DeFi lending protocol") has garnered attention from crypto trader Yuyue, crypto KOL spark, and others.