Polygon proposes hard fork to recover $7M in stolen Binance, Polymarket funds

Polygon has proposed a hard fork to recover roughly $7 million in stolen funds tied to Binance and Polymarket, marking a rare instance of a major chain rewriting state to reverse an exploit. The proposal would require validator coordination to adopt the upgraded chain, with the recovered assets returned to affected users if the fork activates. The move challenges blockchain immutability norms and could shape how other networks handle large-scale hacks and governance disputes. Watch validator signaling and the final vote outcome, which will determine whether the fork activates and sets a precedent for future recovery efforts.