Polkacipher Strikes Back: CPHR Token Migration

2 min readMay 31, 2022

Dear Community, first of all we’re very thankful for all the support shown to us by community members, we really appreciate it. After the recent exploits incidents the team is currently working with the local authorities with investigations and catching the culprits involved. An FIR is lodged and the case is being actively being pursued in Bangalore, India.

What lays ahead for Polkacipher and $CPHR?

The Polkacipher team has decided to resume the development work, new contracts are ready to be deployed for CPHR token. Migration and trading related information will be given in next release.

For members who were holding their CPHR token on centralized exchanges they’ll be notified by exchanges in their respective announcements.

We are very grateful to all those who helped us during these tough times. We’ll keep all of you updated on the latest developments while working on all possible solutions. Whether the stolen funds can be recovered or not, Polkacipher team will keep striving for justice in court.

About PolkaCipher

PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.

PolkaCipher’s unique offerings help push the use-cases of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (DApps) and real-world business rewards.

Website | Twitter | Medium | Telegram | Telegram ANN | LinkedIn




Cross Chain Privacy-Preserving Oracle Network Built on Polkadot Network