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70.5 Million POL Heist Triggers Polygon’s Hard Fork Proposal

70.5 Million POL Heist Triggers Polygon’s Hard Fork Proposal

Photo: DailyCoin

Two previous hacking incidents on Polygon’s Proof Of Stake (PoS) chain have looted nearly 70.50 million tokens, worth approximately $6.5 million at the current rates. A fresh hard-fork proposal from a member of the Polygon Labs Validator Support Team is looking to retrieve the sum via new amendments. What’s Behind The $6.5M Polygon Dev Payback Plan The idea is to move them from the attackers’ addresses into recovery wallets designated and verified by Binance & Polymarket, the platforms where the Polygon (POL) related accidents took place.

Source: DailyCoin

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