The Polygon-based layer-two scaling network has quietly fixed a vulnerability that put nearly $ 24 billion of its native MATIC token at risk.
According to a Polygon post on December 29, the “critical” vulnerability in the network’s Proof-of-Stake (PoS) Genesis contract was first identified by two white hat hackers on December 3 and 4 via from the bug bounty hosting and blockchain security platform Immunefi.
All you need to know about the recent Polygon network update.✅A security partner discovered a vulnerability✅Fix was immediately introduced✅Validators upgraded the network✅No material harm to the protocol/end-users✅White hats were paid a bounty https://t.co/oyDkvohg33
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