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Bitcoin Holds Near $78K Over Weekend As Polymarket Refunds Hack Victims After Crypto Security Scares

Bitcoin Holds Near $78K Over Weekend As Polymarket Refunds Hack Victims After Crypto Security Scares

  • Bitcoin traded relatively steadily near $78,000 over the weekend, following a volatile week.

  • Polymarket said it had issued full refunds to 689 of the 726 wallets affected by last week’s breach, with the remaining 37 being reimbursed as their claims are verified.

  • The prediction market platform is also paying out $1.19 million to around 5,500 wallets to compensate traders who lost funds during its trading halt.

Bitcoin (BTC) remained stable around $78,000 over the weekend, displaying strength after a tumultuous week marked by two high-profile crypto security breaches, with Polymarket taking steps to compensate traders affected by its hack and trading suspension.

The company said that “689…

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