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08/16/2021
Poly Network Suffers Record-Breaking $600.3 Million Hack
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Multi-chain interoperability protocol Poly Network fell victim to an exploit today, resulting in the loss of roughly $600 million worth of various cryptocurrencies, the platform's developers revealed.
"We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon," the developers also stated in Poly Network's Telegram channel. "We call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from the above addresses."
According to the announcement, there are currently three known addresses that allegedly belong to attackers: Ethereum (which currently holds $264.8 million worth of crypto), Binance Smart Chain ($250.8 million), and Polygon ($85 million).
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