Poly Network hack steals $600 million and Hacker Returns $1million

Poly Network is a crypto interoperability protocol that allows cryptocurrencies to communicate with each other. It claims that it has been hacked, and more than $600,000,000 worth of cryptocurrency has been stolen.

While scammers have tried various cryptocurrency-related schemes, the Poly Network took to Twitter to announce that it had been robbed. It asked users to blocklist the alleged hackers.Poly Network hack steals $600 million and Hacker Returns $1million

It continued, “We call upon miners affected crypto exchanges or blockchains to blacklist tokens [from] addresses,”

The hack was dubbed the largest Defi hack (decentralized financial institution hack), but it isn’t confirmed.

According to Crypto News Poly Network, its stolen assets come from Binance Smart Chain and Ethereum.

The company says it will pursue legal action and urges hackers to return the assets. 

This could be a good idea. Crypto News reports that $1 million was returned.



Related articles

OnePlus 5T Wallpapers Download

Introduction: The OnePlus 5T is a popular smartphone known for...

Airtel’s First Quarterly Loss in 2002: A Closer Look at Jio’s Impact

The telecom industry has witnessed several significant shifts over...

Xiaomi Confirms Investment in Blackshark Gaming Phone Launch set for April 13

An engaging introduction to Xiaomi Confirms Investment in Blackshark...

LG G7 ThinQ M LCD Panel

Introduction:The LG G7 ThinQ M LCD panel is a...

Intel Core i9 Laptops with Optane Memory

Intel Core i9 laptops with Optane Memory combine the...

Apple iOS 11.4 Beta 1

Apple iOS 11.4 Beta 1 is the latest update...

Google Search AI Reorganization: Improving Search Quality and User Experience

Introduction:In the ever-evolving digital landscape, search engines play a...
Peter Graham
Peter Graham
Hi there! I'm Peter, a software engineer and tech enthusiast with over 10 years of experience in the field. I have a passion for sharing my knowledge and helping others understand the latest developments in the tech world. When I'm not coding, you can find me hiking or trying out the latest gadgets.


Please enter your comment!
Please enter your name here