SwanBluechipHack historyBinance tracker
Hack history / 2021 / Hack or exploit

Polygon

Hack or exploit on Dec 3, 2021 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$2M
dollars at the time
Returned
none listed
as the sources state it
Rank
#682
among thefts by dollars lost

What happened

White-hat hackers discovered a critical vulnerability in Polygon's PoS genesis contract MRC20 token where the transfer function lacked balance/allowance checks. This would have allowed stealing ~9.3 billion MATIC tokens. Before the fix was deployed, threat actor stole 801,601 MATIC tokens. White hat received $2.2M bug bounty for the disclosure.

Details

Date
Dec 3, 2021
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Polygon

Reported by

Related incidents

Polygon 2024 · Hack or exploit · $140K
$1.25 million stolen in 2 months in Polygon NFT phishing scheme 2023 · Scam · $1.2M
Polygon zkEVM 2023 · Hack or exploit · undisclosed
Polygon & Fantom 2022 · Hack or exploit · undisclosed
Polygon Plasma Bridge 2021 · Hack or exploit · $2M
Cite this pageSwanBluechip, "Polygon hack, Dec 3, 2021: $2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3ec72327da/ (data as of 2026-10-31).
Open in the full listAll incidents