Poly Network blockchain platform say hackers stole record sum of money in cryptocurrencies

Sputnik news agency and radio 22:48 GMT 10.08.2021

The Poly Network blockchain platform announced on Tuesday that it was targeted by hackers who are said to have stolen a record amount of money in various cryptocurrencies.

"We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon. Assets had been transferred to hacker's [...] addresses," the platform tweeted.

In a separate tweet later on Tuesday, it appealed to the attackers, saying that the Poly Network team wants to establish communication and urge them to return all the hacked assets.

"The amount of money you hacked is the biggest one in the defi [decentralized finance] history. Law enforcement in any country will regard this as a major economic crime and you will be pursued. It is very unwise to do any further transactions. The money you stole are from tens of thousands of crypto community members, hence the people," the platform said.

Poly Network added that it has located the cause of the vulnerability that the hackers took advantage of and would take legal action to see the assets returned.

According to Forbes estimates, hackers extracted over $600 million in cryptocurrencies, including bitcoins, ethereum and others.