Predict.fun: about 400,000 USDT drained from user wallets

Prediction market Predict.fun, which runs on BNB Chain, said unauthorized transfers took about 400,000 USDT from the wallets of a small number of users. The platform disclosed the incident on Oct. 27, 2026 and promised to fully reimburse affected users for direct losses.

Details

In an official statement on X, Predict.fun says its preliminary investigation points to a possible compromise of its API documentation site, which is hosted by a third-party provider. The team believes only a small number of users were affected over a short period. The site was taken offline and will stay down until the investigation ends.

The platform has not disclosed how the funds were actually moved. It plans to publish a full post-mortem once the review is complete, with no timeline given (crypto.news, KuCoin News).

What it means for the market

The amount is modest, but the case shows supply-chain risk: the weak point was reportedly an outside resource tied to the platform, not the core settlement system. Prediction markets are growing fast, and that draws attackers.

Predict.fun users should follow the project's official channels and review the token approvals granted to their wallets. This is not investment advice. For the wider market, see the daily brief and the BNB page.