Biggest DeFi Hack Ever? Cross-Chain Protocol Poly Network Drained of More Than $600 Million

Biggest DeFi Hack Ever? Cross-Chain Protocol Poly Network Drained of More Than $600 Million

Cross-chain decentralized finance protocol Poly Network has lost more than $611 million.The aforementioned figure possibly makes this the biggest DeFi hack to date.

Important Notice:We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon Assets had been transferred to hacker's following addresses:ETH: 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963BSC: 0x0D6e286A7cfD25E0c01fEe9756765D8033B32C71— Poly Network (@PolyNetwork2) August 10, 2021

The hacker behind the attack has transferred the stolen assets to addresses on Ethereum, Binance Smart Chain, and Polygon.Poly Network is urging miners and exchanges to blacklist the wallets associated with the breach.The operators behind the protocol promise to take legal action against the bad actor.

Source

Subscribe to get our top stories