“The largest amount of money hacked in the history of decentralized finance,” according to the Poly Network. On Tuesday, this company that specializes in transferring digital currencies to its users announced that it had been the victim of an unprecedented record theft in the financial sector. Ethereum, BinanceChain, OxPolygon… In total, hackers stole $600 million, or €512 million, of cryptocurrency tokens, according to accounts of users such as cybersecurity researcher and ethereum specialist Cursed Gupta.
“The money you stole belongs to thousands of members of the crypto community.”
Poly Network responded to this intangible “burglary” on Twitter by directly addressing the hackers responsible for the theft:
Dear hacker, we want to communicate with you and urge you to return the hacked assets. The money I stole is the largest in history. In any country, this may be considered a capital crime by law and you will be prosecuted. It would be unwise for you to make any other transactions. The money you stole belongs to thousands of members of the crypto community, and thus people.
Poly network, Twitter
On Twitter, the company published the addresses used by hackers, and called on crypto wallet holders to “blacklist” them. The Poly Network is still calling on hackers to “find a solution”.
Transfers of bitcoin and other crypto assets are based on blockchain technology, which a priori allows for intermediaries such as banks to be dispensed with, with transactions conducted directly from user to user.
By the end of April, crypto thefts, hacks and fraud totaled $432 million (€368.7 million), according to CipherTrace. “This number may seem small compared to previous years, but if we look in more detail, we can see a worrying trend: hacks in decentralized finance now account for more than 60% of the total volume of hacks and thefts,” the specialist notes.
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