Polygon Labs is considering a hard fork to recover approximately 70.49 million $POL worth $6.5 million stolen from Polymarket and Binance.
A Polygon team member has proposed removing the stolen tokens from five hacker-controlled wallets and returning them to verified recovery wallets belonging to the affected platforms.
Validators have already blocked transactions from these wallets, preventing the funds from moving.
The proposal will be discussed on November 5 and could take about two weeks to develop and test if approved.
#polygon #MATIC #Altcoin Season# #Macro Insights#
A Polygon team member has proposed removing the stolen tokens from five hacker-controlled wallets and returning them to verified recovery wallets belonging to the affected platforms.
Validators have already blocked transactions from these wallets, preventing the funds from moving.
The proposal will be discussed on November 5 and could take about two weeks to develop and test if approved.
#polygon #MATIC #Altcoin Season# #Macro Insights#