Poly Network announces complete termination of all services

Poly Community has introduced the whole discontinuation of its providers. Poly Bridge’s cross-chain providers and different providers will likely be discontinued efficient September 30, 2024.

In April, the group introduced that it deliberate to droop cross-chain providers, halt new deployments and solely help current companions. The choice to shut fully was made primarily based on altering market circumstances. The group stays obtainable to assist initiatives transition from the platform and to reply any questions or issues.

Poly Community confronted its third main exploit this yr when an attacker managed to exfiltrate greater than $3 million value of assorted tokens by means of Flamingo Finance. In response, eight of the attacker’s addresses had been frozen, together with 4 suspected change deposit addresses.

You possibly can learn the unique announcement by way of the next hyperlink:
https://polynetwork.medium.com/notice-of-complete-termination-of-poly-network-services-3470ef78d9d9