Poly Network urges users to withdraw after exploit affects 57 crypto assets By Cointelegraph
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Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, with a hacker being able to issue billions of tokens out of thin air for profit.
In a July 2 tweet, Poly Network confirmed it became the latest decentralized finance (DeFi) exploit victim after attackers managed to manipulate a smart contract function on the cross-chain bridge protocol, adding it will be temporarily suspending services.
’34 billion’ Poly Network hack breakdown
Continue Reading on Coin Telegraph
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Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, with a hacker being able to issue billions of tokens out of thin air for profit.
In a July 2 tweet, Poly Network confirmed it became the latest decentralized finance (DeFi) exploit victim after attackers managed to manipulate a smart contract function on the cross-chain bridge protocol, adding it will be temporarily suspending services.
’34 billion’ Poly Network hack breakdown
Continue Reading on Coin Telegraph