New Disclosure in Hack Incident Affecting 57 Altcoins!

The cross-chain bridge platform Poly Network has experienced another hacking event just two years after the $ 600 million hacking event in 2021.

Taking advantage of the vulnerability in the platform, the hacker was able to generate large amounts of money on various blockchains. BUSD, BNB and SHIB created different cryptocurrencies such as

In addition, the attackers have 99,999,184 in Metis. BNB and 10 billion BUSD999.8127 trillion in Heco SHIB87,579,118 at Polygon COW and 999.998.434 OOE, 636,643,868 STACK88,640,563 GMs, Avalanche on 378,028,371 STACKs, 82,854,568 XTM11.026.341 SPAY, 89.383.712 GM, BSC over 8,882,911 METISissued 926,160,132 DOV, 978,102,855 SLbD and other assets.

It was stated that the hack event affected 57 cryptocurrencies on 10 blockchains such as Ethereum, BNB, Polygon, Avalanche, Heco, OKx and Metis.

Making a statement on Twitter after the large-scale hack, the Poly Network team confirmed the hack and stated that it would temporarily suspend services.

Poly Network made the following statements in its statement:

“Dear users, we would like to inform you that Poly Network has temporarily suspended its services due to a recent attack.

We are actively communicating with interested parties and carefully assessing the size of the assets affected.

We are also waiting for help from cyber security experts who will support us in solving this problem. We really appreciate your understanding and want to assure you that we will immediately keep you informed of the latest developments regarding this incident.”

Dear users,

As we continue to address this situation, we regret to inform you that our services will remain temporarily suspended.
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— Poly Network (@PolyNetwork2) July 2, 2023

The value of cryptocurrencies in the wallet of the Poly Network attacker reached approximately $ 43 billion. However, due to limited market demand, these tokens are difficult to sell and make significant profits.