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Home»ALTCOIN NEWS»Polygon Regains Control of Discord Channel After Hack
ALTCOIN NEWS

Polygon Regains Control of Discord Channel After Hack

By Crypto FlexsAugust 24, 20242 Mins Read
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Polygon Regains Control of Discord Channel After Hack
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  • Polygon’s Discord server was recently hacked.
  • After that, the blockchain regained access to the server.
  • One user claimed he lost money due to a security breach.

Polygon, a layer-2 blockchain, announced that it had regained access to its community Discord channel just hours after being hacked on Saturday.

News of the hack first broke around 9:41 a.m. GMT+3 on August 23, when a user on Twitter X reported seeing a fraudulent link being shared in the Polygon announcement channel on Discord. The network’s Chief Information Security Officer, Muddy Gupta, confirmed the breach minutes later and warned users not to click on suspicious links until further notice.

Polygon has restored its Discord channel.

About three hours later, Gupta released another update, saying that the Polygon team had re-accessed the compromised community Discord server.

UPDATE: We’ve cleaned up all the changes the hacker made, making it inaccessible again.

— Mudit Gupta (@Mudit__Gupta) August 24, 2024

The blockchain network’s official account also seemed to reassure Polygon users that the servers would be available again, although a thorough security review was underway.

“All external bots and integrations have been disabled while we perform a security review of each of them to avoid this from happening again. Some features may be limited for a while, but you are free to use the server once again.” The post read.

While the extent of the damage caused by the hack has not been officially calculated, a Polygon user identified as ValidatorK claimed to have lost approximately 117,000 MATIC and 30 ETH as a result of the security incident.

Users lamented that Polygon took longer to “officialize the issue” and urged the blockchain platform to implement proper compensation procedures for the damages caused by its “failure to promptly notify users” of the hack. Polygon’s X account confirmed the breach barely seven hours after Gupta’s first update.

Meanwhile, Gupta said the Polygon team had secured all privileged accounts with two-factor authentication (2FA) but the Discord server was breached. He said the attack was likely caused by a compromised bot or integration.

Read about MATIC’s recent surge:
Polygon (MATIC) Reclaims Top 20 Cryptocurrencies in Parabolic Run

Stay up to date with the latest partnerships with cryptocurrency exchange Gate.io.
Cryptocurrency Exchange Gate.io Partners with FC Internazionale Milano

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