Crucial Polygon upgrade fixes a bug that put $23 billion of MATIC at risk

Twitter icon  •  Published för 3 år sedan on December 31, 2021  •  Mark Weaden

Polygon (MATIC) provides an Ethereum-based layer-two scaling network, providing faster and cheaper transactions

Crucial Polygon upgrade fixes a bug that put $23 billion of MATIC at risk

Polygon (MATIC) provides an Ethereum-based layer-two scaling network, providing faster and cheaper transactions. A network upgrade on December 5th ensured a critical vulnerability that left $23 billion of MATIC at risk was fixed in the network.

The proof-of-stake Genesis contract was highlighted by two whitehat hijackers, who were rewarded with millions of dollars of MATIC and stable coins by the Polygon team. 

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Author

Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.