Hacker thieves pull off record heist on crypto firm Poly Network, make off with $600M
Poly Network threatened police involvement, but also offered the hackers the chance to "work out a solution.""We are sorry to announce that #PolyNetwork was attacked" and assets transferred to hacker-controlled accounts, the company said in a series of tweets.
Poly Network posted online addresses used by the hackers, and called on "miners of affected blockchain and crypto exchanges to blacklist tokens" coming from them. Poly Network did not reply to an AFP request for comment, but Twitter users weighed in with calculations valuing the hackers' haul at some $600 million.
As of the end of April, cryptocurrency thefts, hacks and fraud so far this year totaled $432 million, according to an analysis by CipherTrace. "While this number may appear to be small when compared to previous years, a deeper look reveals an alarming new trend - DeFi-related hacks now make up more than 60 percent of the total hack and theft volume," CipherTrace said in a posted report.Source: AFP
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