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Polygon Proposes Hard Fork for Recovered POL Funds

Polygon, a blockchain platform, is considering a hard fork to transfer approximately 70.49 million POL, worth around $6.5 million, from five blocked addresses to recovery wallets designated by Binance and Polymarket. The proposal, published by Parvez03, aims to recover funds linked to security incidents involving Binance and Polymarket on October 29 and 30. The hard fork would set the POL balances of the five addresses to zero and credit the corresponding amounts to verified recovery wallets belonging to Binance and Polymarket.

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