(CyversAlerts)

We have reached #PolyhedraZK and had a meeting about recent incident!

They have stated that ""Upon thorough investigation, the incident does not pertain to the security of the Polyhedra zkBridge. The #zkBridge has undergone audits by several reputable auditing firms and is functioning as expected without compromising user asset security. This incident resulted from intentional theft rather than a vulnerability in the contract itself. Legal actions will be pursued against the individuals involved."

#PolyhedraNetwork announces partnership with #AltLayer

PolyhedraNetwork joins forces with AltLayer, a decentralized protocol that facilitates the launch of native and restaked rollups, to bring cross-chain Interoperability to rollups. Through this partnership, AltLayer’s rollups will integrated with Polyhedra’s #zkBridge functionalities to enable trustless, efficient, and secure interoperability across various Layer1 and Layer2 networks. Furthermore, AltLayer will join as a node operator for Polyhedra’s #Bitcoin dual-staking AVS, ensuring transaction security through EigenLayer’s restaking mechanism.

Polyhedra Network operates a decentralized identity platform designed to build the #Web3 infrastructure. Polyhedra establishes infrastructures for Web3 interoperability across diverse systems, ensuring strong security without additional trust assumptions.

👉 polyhedra.medium.com/polyhedra-network-partners-with-altlayer-to-bring-cross-chain-interoperability-to-rollups-20a614233614