Cryptocurrency

"Binance temporarily halts Polygon deposit and withdrawal to sync nodes"

2022-03-10 [vendor] Polygon [chain] polygon
Primary Source ↗
Blockchain(s) Polygon

Incident Details

After a network upgrade, Polygon went offline for eleven hours while developers scrambled to diagnose and patch an issue preventing its validators from achieving the 2/3 consensus required by the protocol. Projects and traders alike were affected by the outage, with various projects having to delay planned releases, and users reporting errors and funds stuck in transit. Although the network was able to release a patch to buy them some time, the project had to hard fork on March 18 in order to properly fix the issue.

Technical Details

Initial Attack Vector
Software bug / unintentional loss
Vendor / Product
Polygon

Timeline

  1. 2022-03-10 Breach occurred
  2. 2022-03-10 Publicly disclosed