Sunday, October 2

Polygon update quietly fixes bug putting $ 24bn in MATIC at risk By CoinTelegraph

© Reuters. Polygon update quietly fixes bug that put $ 24 billion in MATIC at risk

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.

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