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  1. #1
    Join Date
    Oct 2002
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    Crypto platform Poly Network hacked

    Crypto platform Poly Network hacked in estimated $600 million "cyberheist".
    The stolen funds amount to more than the criminal losses registered by the entire DeFi sector from January to July of a record $474 million, according to a report from crypto intelligence company CipherTrace.

    https://www.reuters.com/technology/d...on-2021-08-11/

  2. #2
    Join Date
    Feb 2005
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    localhost
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    5,473

    * US$600 million gone: The biggest crypto theft in history

    Hackers have stolen some US$600 million in cryptocurrency from the decentralized finance platform Poly Network, in what it says is the largest theft in the industry's history.

    A vulnerability in Poly Network allowed the thief to make off with the funds, the platform said Tuesday, begging the attacker to return the money.

    https://www.cnbc.com/2021/08/11/cryp...work-hack.html

  3. #3
    Join Date
    Mar 2006
    Posts
    360
    Since it was a vulnerability in Poly Network, Poly Network should be liable for the loss?

    Is cryptocurrency as a technology is safe?

  4. #4
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    Aug 2010
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    9,530
    Threads merged

  5. #5
    Join Date
    Feb 2013
    Posts
    208
    Quote Originally Posted by WindsOfChange View Post
    Since it was a vulnerability in Poly Network, Poly Network should be liable for the loss?

    Is cryptocurrency as a technology is safe?
    These are the valid questions for all cryptocurrency.

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