Hackers Steal $600 Million In Cryptocurrency Heist

on

By Thandiubani

The Blockchain site Poly Network confirmed the news, saying hackers had exploited a vulnerability in its system to steal millions of dollars.

A staggering $600m (£433m) has been stolen by hackers from a blockchain site.

The amount appears to be one the largest cryptocurrency heists ever.

The Blockchain site Poly Network confirmed the news, saying hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.

In a letter posted on Twitter, it urged the thieves to “establish communication and return the hacked assets”.

In scale, the hack on par with huge recent breaches at exchanges such as Coincheck and Mt Gox.

In its letter Poly Network said: “The amount of money you have hacked is one of the biggest in defi [decentralised finance] history.

“Law enforcement in any country will regard this as a major economic crime and you will be pursued.

“The money you stole are [sic] from tens of thousands of crypto community members, hence the people.”

No NIN, No Registration for 2022 WASSCE – WAEC Warns Candidates 

Poly Network urged various exchanges to block deposits of the coins, after millions of dollars in tokens were transferred to separate cryptocurrency wallets.

About $267m of Ether currency has been taken, $252m of Binance coins and roughly $85 million in USDC tokens.

Contact Us Now 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s