Hackers steal $600m in major cryptocurrency attack

Written by on August 11, 2021

Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever.


Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.


In a letter, it urged the thieves to “establish communication and return the hacked assets”.

“The money you stole are [sic] from tens of thousands of crypto community members, hence the people.”


It urged various exchanges to block deposits of the coins, after millions of dollars in tokens were transferred to separate cryptocurrency wallets.

About $267m of Ether currency has been taken, $252m of Binance coins and roughly $85 million in USDC tokens.


Credit: BBC


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