Hackers Broke into the Poly Network Platform and Withdrew Over $600 Million
OREANDA-NEWS. Hackers broke into the Poly Network platform and withdrew over $600 million in several cryptocurrencies. The volume of stolen funds became the largest in the history of decentralized financial services, representatives of the platform operator company said on Tuesday, August 10. According to the analytical company The Block, hackers could gain access to the private key for signing transactions.
The Poly Network published the addresses of wallets used by hackers, and called on those involved in mining cryptocurrencies to block the keys coming from these addresses. Representatives of the company suggested that cybercriminals contact them to find a solution and return the funds. We are talking about a major economic crime, Poly Network stressed.
According to the Ciphertrace group of experts on combating cybercrime, 76 percent of hacker attacks committed in the first 7 months of this year fell on the sector of decentralized financial services. As a result, 361 million dollars were stolen. This is 2.7 times more than in the whole of 2020.
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