On Wednesday, PolyNetwork, a decentralized finance platform, has announced losing an estimated $600 million in cryptocurrencies in what Reuters considered one of the sector's biggest ever hacking attacks. pic.twitter.com/Yzw4oDenjC — Poly Network (@PolyNetwork2) August 10, 2021 How did it Happen? The platform explained that the hacker has exploited some vulnerability in the system, which enabled the criminals to transfer the money from compromised wallets to their addresses and urged people ...
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