Hackers leaked enormous assets after PolyNetwork was suspected of being hacked
Central issues:
- PolyNetwork has been hacked, as evidenced by numerous warnings.
- Programmers have delivered monstrous extra resources on a few chains.
- PolyNetwork was hacked in 2021, stealing over $600 million.
PolyNetwork is suspected of being hacked again. Hackers are constantly releasing massive amounts of assets on several chains.
- 99,99,184 BNB and 10 billion BUSD have been issued on Metis
- 999,8127T SHIB has been released on Heco,
- 87,579,118 COW and 999,999,434 OOE, 636,643,868 STACK, 88,640,563 GM and 2,175.0 53 03 released on Polygon
- 378,028,371 STACK, 82,854,568 XTM, 11,026,341 SPAY and 89,383,712 GM released on Avalanche
- 8,882,911 METIS, 926,160,132 DOV, 978,102,855 SLD, and other assets were issued on BSC.
Wublockchain has also updated the Asset List released by PolyNetwork Hackers.
At this point, there presently can’t seem to be a reaction from the undertaking side.
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The Poly Network project offers a cross-chain solution that enables blockchains to interact with one another and construct Web3 infrastructure. Utilizing a lock-and-mint-burn mechanism, users can move assets from one blockchain to another with Poly Network’s primary use case being as a cross-chain bridge. mint and nuclear trade.
This is one of the most established projects in the crypto market, going into activity in August 2020 preceding DeFi summer detonates in mid-2021.
However, on August 10, 2021, Poly Network was attacked, causing more than 600 million USD in damage. The hack occurred on different blockchains, including Ethereum, Binance Brilliant Chain, and Polygon. This is the most significant DeFi market hack ever. This sum was subsequently gotten back from the programmer.
Poly Network has continued to integrate many new blockchains and layer 2 in the market, including zkSync Era, Aptos, Arbitrum, and Optimism… Up until this point, the network has integrated with more than 30 chains.
