Polygon has proposed a hard fork to recover approximately 70.49 million POL tokens, worth around $6.5 million, stolen in separate October 2026 security incidents involving Polymarket and Binance. Five attacker-controlled wallets hold the funds: four linked to Polymarket contain about 23.86 million POL, while one linked to Binance holds about 46.63 million POL. Polygon block producers have already placed the addresses on transaction blocklists, preventing further transfers but not returning the assets. The proposed network upgrade would reduce the five wallets’ balances to zero at a predetermined block and credit matching amounts to recovery addresses verified by the affected companies. Developers would first test the changes on Polygon’s Amoy testnet, while validators, exchanges and node operators would need to upgrade their software before mainnet activation. The proposal has raised questions about decentralization and user ownership because it would override the usual requirement for private-key control through a consensus-level change. Polygon said the intervention would be an extreme measure not intended for common use. POL was trading at $0.098 after rising 2.08% over 24 hours. Separately, 21Shares withdrew approximately $11 million worth of POL from Coinbase over the past 30 days, including 45.7 million POL worth $4.08 million on Oct. 28.