Hackers steal $600m in major cryptocurrency heist from Poly Network

In the largest cryptocurrency heist in history, hackers stole about $600m from Blockchain site Poly Network. Hackers exploited a vulnerability in Poly Network’s system and stole thousands of digital tokens such as Ether. Moreover, the attacker claimed to have hacked Poly Network for fun and undertook the attack as a challenge, Chainalysis said.

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On Twitter, the blockchain team urged the thieves to establish communication, return stolen assets. However, the attacker began sending back funds a few hours after the hack, first in small amounts and then in millions. Blockchain Forensics company Chainalysis reports that $261 million of the stolen funds have been returned by hackers. Additionally, the hacker said that he/she took the responsibility for exposing the vulnerability before insiders could exploit it.

Source: BBC