
Poly Network
@PolyNetwork2
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Enhancing connections between ledgers by providing #interoperability in #Web3. Discord: https://t.co/HnwJsfnbrz
Joined May 2020
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 π
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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 π.
π¨ After careful consideration of market conditions, we regret to inform you of the suspension of all Poly Network cross-chain services, effective ποΈ April 10th, 2024.
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π To enhance Poly Bridge cross-chain security, we have designed and implemented several security reinforcement solutions π.
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 bridgeβ¦
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Thanks to @SlowMist_Team, @peckshield, @Beosin_com, and @BlockSecTeam for their assistance in asset tracking as we address the aftermath of the exploit. π€.
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On July 2nd, 2023, #PolyNetwork encountered an exploit which impacted 58 assets across 11 blockchains. The Poly Network team immediately initiated an investigation. π Details of the exploit are now disclosed π
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At @PolyNetwork2, we're shaping the future of blockchain through interoperability. Don't miss this analysis on the growth of this market by @YahooFinance ππΌ . Join us on the journey to a connected #blockchain ecosystem!.
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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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