PolyNetwork Recap: Hacker gets access to cryptos worth $34B

PolyNetwork Recap: Hacker gets access to cryptos worth $34B

PolyNetwork, a cross-chain bridge platform, was hacked on July 2, where the hacker could issue billions of tokens out of thin air to gain profit. Since the attack, PolyNetwork has temporarily suspended its services, actively engaging with relevant parties while assessing the damage done.
Details behind the PolyNetwork hack
PolyNetwork recently suffered what was first reported as a $34b hack. However, the realized amounts were reportedly much lower since most tokens were illiquid. The hack was first reported by Peckshield, an on-chain data analytics and security company, who asked the platform to investigate the issue. 
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We współpracy z: https://www.thecoinrepublic.com/2023/07/05/polynetwork-recap-hacker-gets-access-to-cryptos-worth-34b/

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