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Poly Network Profile
Poly Network

@PolyNetwork2

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Enhancing connections between ledgers by providing #interoperability in #Web3. Discord: https://t.co/HnwJsfnbrz

Joined May 2020
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@PolyNetwork2
Poly Network
11 months
After thorough evaluation and in light of the changing market landscape, we regret to announce that Poly Network will be ceasing all services, effective September 30th, 2024. It has been an honor to serve you. For more details πŸ‘‰
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@PolyNetwork2
Poly Network
1 year
Our Poly Bridge cross-chain services officially suspend today. While we remain committed to supporting our existing partners, we regret to inform you that we will no longer accept new deployments. Check out more details πŸ‘‰
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@PolyNetwork2
Poly Network
1 year
Regarding the suspension of our cross-chain services, please note that this specifically refers to our Poly Bridge cross-chain services, not Poly Network services as a whole. We appreciate your continued understanding and support πŸ’™.
@PolyNetwork2
Poly Network
1 year
🚨 After careful consideration of market conditions, we regret to inform you of the suspension of all Poly Network cross-chain services, effective πŸ—“οΈ April 10th, 2024.
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@PolyNetwork2
Poly Network
1 year
We greatly appreciate your cooperation and understanding during this transition πŸ’™. It has been a pleasure to accompany you all on your cross-chain journey.
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@PolyNetwork2
Poly Network
1 year
For projects applying our infrastruture and encountering difficulties in developing their own front-ends, our team remains available to provide assistance.
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@PolyNetwork2
Poly Network
1 year
While existing partner projects can still utilize our cross-chain infrastructure for their applications, new deployments will no longer be accepted.
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@PolyNetwork2
Poly Network
1 year
🚨 After careful consideration of market conditions, we regret to inform you of the suspension of all Poly Network cross-chain services, effective πŸ—“οΈ April 10th, 2024.
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@PolyNetwork2
Poly Network
1 year
βœ… All 12 previously pending transactions have been completed.
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@PolyNetwork2
Poly Network
2 years
πŸ›‘οΈ Uncover the damage control details deployed by the Poly Network team in the aftermath of the Exploit. πŸ“• Read more in our latest blog article πŸ‘‡.
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@PolyNetwork2
Poly Network
2 years
1⃣ Changing the way to compile and distribute software.2⃣ Creating a monitoring mechanism for the bridge to detect suspicious transactions.3⃣ Implementing reinforcements for the target chains.
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@PolyNetwork2
Poly Network
2 years
πŸ”’ To enhance Poly Bridge cross-chain security, we have designed and implemented several security reinforcement solutions πŸ‘‡.
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polynetwork.medium.com
After analysing the Exploit as explained in the previous blog The Poly Network Exploit Analysis, we have conducted a review on our bridge…
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@PolyNetwork2
Poly Network
2 years
πŸ”— Check Transactions:
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docs.google.com
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@PolyNetwork2
Poly Network
2 years
🚨 Poly Bridge Update. There are 53 Exploit-affected transactions via Poly Bridge:. βœ… 11 transactions were directly transferred to user addresses.βœ… 2 transactions were completed.πŸ”„ 12 transactions are still in progress.❌ 28 transactions couldn't be processed due to the Exploit
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@PolyNetwork2
Poly Network
2 years
Thanks to @SlowMist_Team, @peckshield, @Beosin_com, and @BlockSecTeam for their assistance in asset tracking as we address the aftermath of the exploit. 🀝.
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@PolyNetwork2
Poly Network
2 years
We extend heartfelt thanks to all our users and the broader ecosystem for your understanding and support. Security enhancement is, and will always be, our top concern. πŸ›‘οΈ.
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@PolyNetwork2
Poly Network
2 years
The analysis reveals that the exploiters implanted a Trojan virus into the program compilation environment, enabling them to acquire the consensus keys of the Poly Network Relay Chain. Subsequently, they utilized these keys to forge cross-chain transactions.
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@PolyNetwork2
Poly Network
2 years
On July 2nd, 2023, #PolyNetwork encountered an exploit which impacted 58 assets across 11 blockchains. The Poly Network team immediately initiated an investigation. πŸ“• Details of the exploit are now disclosed πŸ‘‰
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@PolyNetwork2
Poly Network
2 years
At @PolyNetwork2, we're shaping the future of blockchain through interoperability. Don't miss this analysis on the growth of this market by @YahooFinance πŸ‘‡πŸΌ . Join us on the journey to a connected #blockchain ecosystem!.
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@PolyNetwork2
Poly Network
2 years
Fast forward to today and we find that crypto oracles are the powerhouses of the data behind smart contracts. This has fueled the rise of #DeFi and amplified the versatility of blockchain tech. Oracles are not just connecting data; they're creating opportunities!.
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@PolyNetwork2
Poly Network
2 years
The Crypto Oracle journey started with trying to find ways to connect isolated blockchains to sources of real world data. The need for a decentralized, secure solution to this problem sparked the creation of Oracles, which evolved into the guardians of data integrity.
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