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PolicyWatch / Hak-Kun Hyun Baek ⚡
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2023-07-04 00:40:20

PolicyWatch on Nostr: ⚡️ #CryptoSecurityBreached: #PolyNetwork2 suffers a hack, resulting in a $10 ...

⚡️ #CryptoSecurityBreached: #PolyNetwork2 suffers a hack, resulting in a $10 million theft of Ether $ETH.

#PolyNetwork, a platform connecting different #blockchains, fell victim to a security breach. The hacker exploited the vulnerability to create and obtain various tokens from 57 different chains. Despite minting tokens worth around $42 million, only a fraction was exchanged for 5,196 #ETH, equivalent to $10.1 million.

🔒 Stay vigilant in the world of #cryptocurrency. #CyberSecurity
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