Predict.fun Reports Unauthorized Transfer of ~400,000 USDT; API Documentation Site Compromised

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Predict.fun reported unauthorized transfers of approximately 400,000 USDT from several user wallets, attributing the incident to a potential breach of its API documentation site. The third-party-hosted site has been taken offline pending investigation. The platform has pledged full compensation for affected users and plans to release a post-mortem report. Predict.fun operates as a prediction market on the BNB Chain. This incident adds to recent on-chain developments underscoring security risks in the cryptocurrency space.

ChainCatcher report: According to an official statement posted by Predict.fun on X, unauthorized fund transfers occurred in a small number of user wallets, with total losses amounting to approximately $400,000 USDT. Preliminary investigations suggest that the API documentation website hosted by a third-party service provider may have been compromised, briefly affecting a limited number of users. The website has been taken offline and will remain closed until the investigation is complete. Predict.fun commits to fully compensating all users who suffered direct losses due to this incident and will release a comprehensive post-mortem report along with subsequent preventive measures upon completion of the investigation. Predict.fun is a prediction market platform built on BNB Chain.

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