Poly Network

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 👉 polynetwork.medium.com/notice-of-comp…

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 👉 link.medium.com/n25NFYldGIb

@GrabowskiDylan Hope our new post answers your question ;)

@PolyNetwork2 Is there a timeframe for how long Poly Network will operate until the network completely deprecates? Does everything shut down on April 10th?

🚨 After careful consideration of market conditions, we regret to inform you of the suspension of all Poly Network cross-chain services, effective 🗓️ April 10th, 2024.

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 💙.

We greatly appreciate your cooperation and understanding during this transition 💙. It has been a pleasure to accompany you all on your cross-chain journey.

For projects applying our infrastruture and encountering difficulties in developing their own front-ends, our team remains available to provide assistance.

✅ All 12 previously pending transactions have been completed.

🔗 Check Transactions: docs.google.com/spreadsheets/d…

🚨 Poly Bridge Update There are 53 Exploit-affected transactions via Poly Bridge: ✅ 11 transactions were directly transferred to user addresses ✅ 2 transactions were completed 🔄 12 transactions are still in progress ❌ 28 transactions couldn't be processed due to the Exploit

🛡️ Uncover the damage control details deployed by the Poly Network team in the aftermath of the Exploit. 📕 Read more in our latest blog article 👇 polynetwork.medium.com/poly-network-e…

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

🔒 To enhance Poly Bridge cross-chain security, we have designed and implemented several security reinforcement solutions 👇 polynetwork.medium.com/poly-bridge-cr…

Thanks to @SlowMist_Team, @peckshield, @Beosin_com, and @BlockSecTeam for their assistance in asset tracking as we address the aftermath of the exploit. 🤝

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. 🛡️

On July 2nd, 2023, #PolyNetwork encountered an exploit which impacted 58 assets across 11 blockchains. The Poly Network team immediately initiated an investigation. 📕 Details of the exploit are now disclosed 👉 @polynetwork/the-poly-network-exploit-analysis-b0a77aff6078" target="_blank" rel="nofollow noopener">medium.com/@polynetwork/t…

At @PolyNetwork2, we're shaping the future of blockchain through interoperability. Don't miss this analysis on the growth of this market by @YahooFinance 👇🏼 google.com/amp/s/finance.… Join us on the journey to a connected #blockchain ecosystem!

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!

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.

Are you wondering how the digital realm of #blockchain taps into the real world? Say hello 👋🏼 to Crypto Oracles, who are making the connection! Let's dive into their origins and why they're a game-changer for the entire #crypto today! ✨