Hackers steal more than $595m really well worth of crypto-currency

Hackers steal more than $595m really well worth of crypto-currency


Unidentified hackers stole crypto-currency really well worth $610m across three chains on Tuesday.


According to CoinTelegraph, Poly Network, a cross-chain protocol, stated the attacks eliminated assets from Binance Chain, Ethereum and the Polygon network.


Blockchain data from the respective networks confirmed that the hackers stole about $273m from ETH, $85m in USD Coin from the Polygon network and $253m from Binance Smart Chain.


The network stated it'd be pursuing criminal movements towards the hackers in a bid to get back the stolen funds.


It additionally requested miners on the affected chains and crypto exchanges to blacklist tokens coming from the affected addresses.


The crypto space has since responded since news of the hack broke out. OKEx Chief Executive Officer, Jay Hao, stated his exchange’s team was watching the flow of coins and would try to manipulate the situation.


Tether Chief Technology Officer, Paolo Ardoino,  stated the project had frozen $33m in Tether from one of the affected addresses.


Binance Chief Executive Officer, Changpeng Zhao, stated Binance was coordinating with security partners to assist with the hack.

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