Polygon Successfully Overcome Discord Hacking, Ready To Launch POL Token

Polygon managed to overcome the hack of the Discord, ready to launch a POL token (Photo; Doc. Vrogue)

JAKARTA - Polygon, a widely known blockchain platform in the crypto community, managed to recover its Discord server after it was hacked by a group of hackers. The incident lasted for three hours, in which the perpetrators disguised themselves as support agents and flooded the support channel with a scam link. This incident raises concerns regarding the protocol security implemented by Polygon, despite already using two-factor authentication (2FA) for all accounts with privileges.

According to Mudit Gupta, Chief Information Security Officer at Polygon, the attack has now been successfully resolved. However, this incident is a reminder of the importance of cybersecurity in the crypto ecosystem that continues to grow. Gupta insists that his team is working hard to ensure similar incidents do not happen again in the future.

This incident was first revealed when several members of the Polygon community detected suspicious activity on the Discord channel. A member, known as ValidatorK, reported a loss of 150,000 US Dollars (approximately IDR 2.3 billion) in the form of Ether (ETH) after following the link presented as an official announcement. Another user on platform X (formerly Twitter) also warned other community members about potential violations by sharing suspicious links posted on the announcement channel and describing the scam tactics that occur in the support channel.

The hacking incident comes amid Polygon preparation for a massive network upgrade, including a transition from their original token, MATIC, to a new token, POL, which is scheduled to launch on September 4. This launch is considered an important step in the evolution of the Polygon ecosystem, which continues to grow amid ever-increasing security challenges. POL will replace MATIC as the main gas token and stake for Polygon's Proof-of-Stake (PoS) network, as well as play a key role in AggLayer, an important component in Polygon's scalability solution.