Binance and Polymarket seek a Polygon hard fork to recover $6.8 million in stolen crypto, building on existing efforts by block producers who have already frozen the assets.
Polygon block producers have already frozen the stolen tokens tied to the $6.8M incident, and Binance and Polymarket are asking for a hard fork to return them to owners. The sum is small relative to the network and the funds are already frozen, so the effect on the POL token is marginal; a contentious fork is the main thing that could weigh on sentiment.
The article refers to $6.8M in stolen crypto that Polygon block producers have already frozen.
Binance and Polymarket are seeking a Polygon hard fork so the frozen funds can be recovered and returned to their owners.
Binance and Polymarket are pushing for a Polygon hard fork to facilitate the recovery of $6.8 million in stolen cryptocurrency. While block producers have already successfully frozen the illicitly obtained tokens, a network upgrade is required to return the funds to their original owners.
The recovery effort involves $6.8 million in stolen cryptocurrency that has been frozen by Polygon block producers.
While the funds are currently frozen, a hard fork is required to technically facilitate the return of the assets to their original owners.