Myriad Voids 10 Prediction Markets Following Admin-Wallet Compromise
Platform pledges automatic refunds at pre-attack prices after unauthorized access affects 10 prediction contracts.
At a glance Announced
- What happened
- Myriad voided 10 prediction markets following an administrative wallet compromise.
- Why it matters
- Contract cancellations require reimbursing participants at pre-attack valuation rates minus claimed winnings.
- Who is affected
- Traders holding positions in the 10 voided Myriad prediction markets.
- What's next
- No next step announced.
- Primary source
- thedefiant.io: Myriad Voids 10 Prediction Markets After Admin-Wallet Compromise
Key points
Prediction market protocol Myriad has voided 10 individual prediction markets following a security breach involving an administrative wallet 1.
According to an official incident report, holders on both sides of the affected prediction contracts have been promised automatic refunds 1. The reimbursements will be calculated based on pre-attack market prices, minus any winnings that market participants had already claimed prior to the intervention 1.
Market Intervention
The decision to invalidate the contracts follows unauthorized activity stemming from the administrative wallet compromise, which altered the normal execution of the involved markets 1. By resetting the 10 prediction venues to their pre-incident pricing benchmarks, the platform seeks to restore balances to users holding exposure across opposing positions in each affected market 1.
The protocol stated that the refund mechanism is planned to process automatically for impacted participants, factoring in the deduction of previously collected proceeds from the compromised settlement pools 1.
Sources
- [1] Myriad Voids 10 Prediction Markets After Admin-Wallet Compromise — thedefiant.io, October 27, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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