Hackers Steal $400,000 from Predict.fun Users via API Documentation Site

Attackers stole approximately $400,000 worth of USDT from users of the prediction market platform Predict.fun by exploiting a vulnerability in an API documentation site run by an outside company. The platform has pledged full reimbursement to all affected users, though the token PREDICT has not yet launched. The incident occurred shortly after Binance Futures began trading PREDICT at a $1.43 billion valuation, which analysts say is significantly inflated compared to comparable projects.