Diksia.com - Popular blockchain network platform Poly Network was reportedly the victim of a hacking attack by hackers on Sunday (February 7, 2023).
The information was released after Poly Network made an announcement on its official website, Poly Network team explained that the decentralized blockchain protocol network was attacked by a large number of hackers.
By manipulating the smart contract functionality of the cross-chain bridge protocol, these hackers exploit loopholes to issue fake crypto-assets, exchange the value of those crypto-assets on the Poly Network network, and then send them to other Release real crypto assets on the blockchain of .
“Hackers attacked the smart contract functionality of cross-chain protocol bridge tool PolyNetwork, issuing 94 billion SHIB worth 360 ETH, 495 million COOK worth 16 ETH, and 15 million counterfeit tokens. is worth 27 ETH,” the spokesperson explained.
Poly Network has suspended all operations, including cryptocurrency withdrawal and deposit activities, but 57 cryptocurrencies were reported as a result of the hack, including Ethereum, BNB Chain, Polygon, Avalanche, Heco, OKx, and Metis. . Missing theft.
Poly Network remains reluctant to disclose the number of tokens stolen by hackers on its platform, but data from audit firm PeckShield, cited by Cointelegraph, shows that at least 5 million crypto coins have been stolen by hackers. Transferred to wallet.
This is not the first time Poly Network has encountered such a hack, the blockchain network company had previously experienced a hack in August 2021 to be precise.
Cryptocurrency tokens worth $600 million have been stolen in a theft by North Korean cyber group Lazarus Group.
Moreover, even though crypto token hacking and manipulation incidents have become a hot topic for netizens. However, this does not necessarily affect cryptocurrency price fluctuations in the digital asset market.
So did Ethereum, which is currently up 2.39 percent to $1.964 per coin. Meanwhile, Avalanche gained about 1.46 percent while Metiscoin rebounded 1.36 percent to $19.33 price range.
