As a result of the attack on the cross-chain protocol Poly Network, more than 10 blockchains and 57 altcoins have been minted with billions of dollars of unregistered assets.
According to the post published by the on-chain security platform PeckShield on its official social media account on July 2, cyber attackers will attack in 2021. 600 million dollar hack Poly Network by abusing out of 10 in many blockchains Binance USD (BUSD), BNB (BNB), and Shiba Inu (SHIB) in 57 altcoins in total 42 billion over the dollar bounty made the export.
from attack affected assets the following happened:
BNB, BUSD, ETH, FEI, TRIBE, DOV, AXL, MIX, GM, RPG, SPAY, CWS, 8PAY, SLD, REVO, NEST, STACK, METIS, OOE, COW, XTM, FLUX, MDX, EarnX, O3, TITAN, TSX, DOWS, DMOD, KEL, ASET, SOFI, CBC, AQT, BLES, BBANK, CART, COOK, FILE, FREL, HD, HDT, LEV, LKT, PKR, PRY, RFUEL, SDOG, SUSD, WING, WITCH, EPK, DAI, D3, MOZ, SHIB and USDC
Attackers mainly BNB And BUSD to press concentrated. Ethereum (ETH) layer-2 blockchain Metis (METIS) on 24 billion worth a dollar 99.9 million BNB And 10 billion worth a dollar BUSD created. Metis said in a statement that the attackers sufficient liquidity due to the absence of BNB And unable to sell BUSD created on the network when specifying 2.3 million worth a dollar 117 million METIS by the network that you’re locked out reported.
The third largest cryptocurrency targeted in the attack is SHIB it happened. attackers, Heco (HFI) on the blockchain 7.6 billion worth a dollar 999 trillion SHIB carried out the production. The gratuitous amount issued is SHIB’s equal to the total supply it happened.
Besides these Avalanche (AVAX), Polygon (MATIC) And on BNB Chain also millions of dollars cyber-attackers who made various prints worth of lack of liquidity due to the assets big some of them could not sell.
Yet the aggressors 94 billion SHIB, 495 million Cooks (COOK), 15 million RioDeFi (RFUEL) 403 ETH in return managed to sell. The total number of attackers 10.1 million worth a dollar 5,196 ETH value of the remaining assets lack of liquidity because of may not be sold specified.
On-chain security platform dedaubPoly Network security of protocols easy to overcome implying that the attack was caused by this situation. Dedaub also took part in Poly Network’s intervention. you’re late suggested.
In the last two years second time attacked Poly Network on the subject from his official social media account. in the statementservices temporary aspect out of order reported that he had quit. Provide liquidity to users with assets affected by the attack. to pull them recommending Poly Network, centralized cryptocurrency exchanges And with law enforcement He said he was in contact. Also PolyNet, to cyber security experts also for help open call published.
The world’s largest cryptocurrency exchange Binance CEO Changpeng Zhao (CZ)Binance users of the attack will not affect money from the exchange’s Poly Network network Does not support deposit transactions expressed. However, Binance security of your teams assist the investigation It was also included in CZ’s statements.
Poly Network August 10, 2021 on 610 million Another dollar was attacked. The attack took place in the cryptocurrency ecosystem on the relevant date. biggest attack shortly after the event, the attacker had returned.