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cryptonews 2023-07-04 12:18:00

Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened

A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed. Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto. Poly Network, a cross-chain bridge that facilitates asset transfers across different blockchains, announced to temporarily suspend its services the following day after the hack occurred. ... Read More: Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened

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