Polygon

Miden plans to introduce USDCx, a native stablecoin backed 1:1 by USDC held through Circle’s xReserve infrastructure. The token is designed to keep balances, counterparties and transaction histories private by default while supporting selective disclosure for compliance.

Polymarket says a compromised third-party vendor injected a malicious script into its frontend, contributing to a phishing attack that drained PUSD from 11 wallets. The incident adds pressure on the prediction market platform amid recent security issues and a reported federal probe.

Polymarket’s latest security incident has been revised to $3.1 million after hackers drained PUSD from 11 user wallets and bridged the funds from Polygon to Ethereum. The platform says a compromised third-party vendor injected malicious code into its frontend and that affected users will receive full refunds.