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/notic…

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

Hope our new post answers your question ;)

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.

While existing partner projects can still utilize our cross-chain infrastructure for their applications, new deployments will no longer be accepted.

🚨 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.

✅ All 12 previously pending transactions have been completed.

🛡️ 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-…

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-…

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

🚨 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

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. 🛡️

The analysis reveals that the exploiters implanted a Trojan virus into the program compilation environment, enabling them to acquire the consensus keys of the Poly Network Relay Chain. Subsequently, they utilized these keys to forge cross-chain transactions.

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 👉 medium.com/@polynetwork/the-…

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.yah… 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!