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Earlier this month, Polygon, a scaling solution for the Ethereum network, was hacked. A malicious hacker stole 801,601 MATIC tokens, which were worth $1.6 million.
After the attack, Poly Network traced the stolen funds to three wallet addresses. They appealed to the hacker to return the money. He did so, returning a portion of the funds to the platform. He also promised to repay the remaining amount.
Polygon co-founder Jaynti Kanan viewed the attack as a test of network resilience. He warned that all successful projects will face similar situations. Poly Network traced the stolen funds to three wallet addresses
Polygon hired 10 security experts to address the issue. The team also engaged white hat hackers to find the root of the problem. They discovered a flaw in the cross-chain smart contract, MRC20. The smart contract allowed tokens to be transferred from one chain to another. The attacker modified the contract and was able to access tokens on other chains.
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Earlier this month, the Polygon development team revealed that a hack was carried out on their platform. The unidentified attacker stole 801,601 MATIC tokens. The value of these tokens was $1.6 million.
In response to the hack, Polygon upgraded the mainnet as quickly as possible, working with all validators and node operators. Polygon also adopted several measures to improve the resilience of the network. The company’s core developers rushed to fix the issue.
The vulnerability was first detected by two “white hat” hackers in early December. The team discovered that a smart contract in the network contained an exploit that could allow the attacker to gain access to the user’s wallet. This was a serious flaw in the network, and it could have put $24 billion worth of MATIC tokens at risk.
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Several video game companies have been targeted by security breaches over the past few years. Bandai Namco, Capcom, and CD Projekt Red have all been hit. These companies have faced security breaches that include employee information, source code, and source code. In addition, Nvidia and Electronic Arts have been targeted.
Polygon is a multiplayer team shooter game that features large maps and a variety of unique weapons. It also includes customization options. Players can collect weapons, customize them, and explore new locations. There are up to 16 players on each side in PvP matches.
Polygon is powered by the Unreal Engine, which is a cutting-edge innovation. It features a wide variety of military equipment and full-fledged infantry battles. It is designed to run on modern computers.
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