Poly Network Case

Hackers have stolen $611 million worth of crypto currency from Poly Network, a China based cross chain centralized Finance platform. The stolen crypto currency was transferred to Ethereum, Binance Smart Chain and Polygon. Poly Network wrote a letter urging the hackers to return the funds and that they would pursued by law enforcement in any country. The identity of the hacker is still unclear.

 

 

Best,

Bingo

 

References:

 

https://thehackernews.com/2021/08/hacker-steal-over-600-million-worth-of.html

 

 

https://www.cnbc.com/2021/08/11/cryptocurrency-theft-hackers-steal-600-million-in-poly-network-hack.html

 

https://finance.yahoo.com/news/cryptocurrency-poly-network-hackers-return-funds-defi-ethereum-110935552.html