Hackers Steal $400,000 from Binance-Linked Predict.fun

• •Attackers stole $400,000 from Predict.fun via API documentation exploitation.
• •Predict.fun will reimburse all affected users, but the number of impacted accounts is unknown.
• •The breach occurred shortly after Binance began trading on Predict.fun's token.

On October 25, 2026, attackers drained $400,000 in USDT from users of Predict.fun, a prediction market integrated into Binance's wallet app. The breach occurred just two days after Binance began trading on Predict.fun's token, valued at $1.43 billion. Initial investigations suggest the attackers exploited a vulnerability in the API documentation site, which was managed by an external company and has since been taken offline. Predict.fun has committed to fully reimbursing affected users, although the exact number of impacted accounts remains undisclosed. This incident follows a similar breach in June involving rival platform Polymarket, which also promised refunds after a significant loss. Analysts are now scrutinizing the inflated valuation of Predict.fun's token, which is reportedly several times higher than comparable projects. The incident raises questions about the security of third-party integrations in cryptocurrency platforms.