MixMarvel’s Risk Control Regarding the Poly Network Security Incident

MIXMARVEL
MIXMARVEL Official Blog
2 min readJul 4, 2023

Dear MixMarvel Community,

As you may be aware, the cross-chain solution Poly Network experienced a security incident on July 2nd, 2023. $MIX was unfortunate to be among one of the 57 tokens on 10 blockchains affected by the incident.

As soon as we became aware of the incident, we proactively contacted Poly Network to abstract current information and work on the best solutions available to mitigate risk and protect user benefits.

We want to emphasize that the security and protection of our stakeholders’ assets are of utmost importance to us. We have taken advice from Poly Network and cybersecurity specialists into consideration and have been working on risk control regarding DEXs and the affected BNB Smart Chain.

To minimize the risk and optimize user protection, although unwillingly, we have paused the smart contract of $MIX on the BNB network. A new smart contract of the MixMarvel platform token for the BNB network will be issued as detailed discussions are actively taking place.

We will continue to provide updates on the situation as new information becomes available, please stay tuned to our official communication channels. Thank you for your understanding and support.

About MixMarvel

MixMarvel is the world’s leading blockchain content-incubation platform and creators community. By in-depth exploring the open world and integrating world-renowned IP with high-quality content, MixMarvel connects investors and mass users through asset distribution, content publication, DeFi tools, infrastructure, community co-creation, and other diversified scenarios in a new ecosystem of dapps. Its ecosystem comprises a broad portfolio of FT/NFT assets, including the MIX, RPG, and HEROES tokens; blockchain content including the GameFi application DeHero; and infrastructures including Rangers Protocol and MixMarvel SDK.

For more information, visit https://linktr.ee/MIXMARVEL.

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