Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto

Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto

Summary

Binance and Polymarket proposed a Polygon hard fork to recover 70.49 million POL, worth about $6.8 million, from five addresses linked to separate security incidents. The fork would remove the tokens from those addresses and send them to verified recovery wallets, without changing total supply. Polygon block producers have already blocked transactions from the addresses, but those restrictions cannot return the funds. The proposal needs governance approval and Amoy testnet testing; it was scheduled for discussion on Nov. 5, with no mainnet activation date confirmed.