Binance, Polymarket seek Polygon hard fork

Binance and Polymarket have proposed a Polygon network hard fork to recover approximately 70.49 million POL tokens, worth about $6.8 million, stolen in separate security incidents.

The proposed hard fork would remove the stolen tokens from the five attacker-controlled addresses and transfer them to verified recovery wallets designated by Polymarket and Binance.

Polygon block producers have already blocked transactions from the affected addresses, preventing the stolen funds from moving, but the proposal said the restrictions are temporary measures that cannot return the funds to their owners.

The plan requires governance approval and testing on Polygon’s Amoy testnet before activation, with a discussion scheduled for Nov. 5, but no confirmed date for the mainnet hard fork.