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  4. Well-meaning hacker saved Polygon from $20 billion loss

Well-meaning hacker saved Polygon from $20 billion loss

anthonypomppompliano
2022-10-21 12:04:19

A very scary title, but true.It was announced that a hacker found and reported a bug that put 9 billion MATICs on the network at risk. The hacker was given a $2.2 million bounty.
Another group of hackers managed to steal $1.4 million MATIC.Using the nickname "Leon Spacewalker" on GitHub, the hacker reported a bug in the Polygon smart contract to Polygon employees on December 3rd. The bug has been fully fixed by the protocol engineers as of December 5th

Post Reply  
bellawilson
2022-10-21 12:11:39
It's really sad if that happens because the value is very large when hacked and it looks like this Polygon does give a bad value but it looks like Polygon has bounced back.
But the hacker was given a $2.2 million bounty and this is really very extraordinary and the value of the bounty is very large and this is very reasonable and that's very good thank you for what happened.