Hackers stole at least $ 600 million through an exploit that affected three poly chains

What can be In the largest attack on Decentralized Finance (DeFi), unknown hackers used an exploit in Poly Network’s cross-chain protocol to freeze at least $ 610 million from three chains.

According to an update on Twitter this Tuesday, Poly network He said The attacks had removed assets from Binance Chain, Ethereum and Polygon. Blockchain data from the respective networks show that Hackers stole approximately $ 273 million in Ethereum, $ 85 million in coin (USDC) from the Polygon network, and $ 253 million from Binance Smart Chain. Poly also reported that renBTC, Bitcoin (WBTC), and Ether (WETH) were packaged involved in the exploit.

The network said it would commit legal action against hackers and asked them to return the stolen funds. It also called for miners in the aforementioned chains and cryptocurrency exchanges to blacklist the tokens that came from the affected addresses.

Hackers stole at least $ 600 million through an exploit that affected three poly chains
Hackers stole at least $ 600 million through an exploit that affected three poly chains

DeFi numbers and the crypto industry They reached out to offer help and assistance with the news of the hack’s collapse. The CEO of OKEx, Jay Hao, He saidThat the swap team would watch the flow of money and try to handle the situation. The director (CTO) of Tether, Paolo Ardoino, reportedThat the project was roughly frozen 33 million USD in USDT from one of the affected addresses.

The CEO of Binance, Changpeng Zhao, He saidThat exchange it coordinated with its security partners to “proactively help” after the hack.

“There are no guarantees,” said Zhao. â € œWe will do all we can. Stay SAFU “, in relation to the Company’s Secure Assets Fund, also known as “SAFU”.

Poly Network is a collaborative project between Ontology, Neo and Switcheo that was launched last year to create a “Heterogeneous Interoperability Protocol Alliance”. integrated the blockchains into the largest cross-chain ecosystem. The protocol enables users to trade tokens on different blockchains.

This story is in development and will be updated.

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