Predict.fun loses $400K in exploit as community slams PREDICT airdrop
- —Three attack waves from Oct. 14 to 27 hit 34 users for $409,500
- —Project blames compromise of third-party-hosted API documentation site
- —Season One airdrop is 70M PREDICT (7% of supply), with 35% unlocked
- —Predict.fun did $400M in volume over 30 days, third behind Polymarket and Kalshi
Why it matters: The exploit damages trust in a fast-growing BNB Chain prediction market just as it prepares to launch its PREDICT token.
Source: AMBCrypto