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Cryptopedia

Cryptopedia

On December 29, loopholes caused the Polygon PoS founding contract to lose approximately 800,000 MATIC Coins

According to news from Polygon, on December 3rd and 4th, two white-hat hackers respectively reported the loopholes in the Polygon PoS creation contract on the bug bounty platform. Polygon confirmed the report and decided to upgrade the mainnet. However, some hackers still stole 801,601 MATICs before the upgrade through the loopholes. Polygon was reported to have paid a monthly bug bounty of $3.46 million to the two white-hat hackers.
Authored by Gate TR. Please refer to the source.

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