.cz_binance Binance CEO issues clarification following massive Poly Network hack PolyNetwork
Poly Network has already notified users that its service has been temporarily suspended due to the enormous attack. It says it is working with relevant parties to determine the scope of the affected assets.In 2021, hackers committed the largest cryptocurrency heist in history, stealing over $600 million in digital coins from the cross-chain protocol, only to return nearly all of the assets less than 48 hours later.
His tweet reads:"Just In: PolyNetwork is suspected to be hacked again. Hackers issued additional huge assets on several chains: 99,999,184 BNB and 10 billion BUSD were issued on Metis, and 999.
On-chain analytics firm Lookonchain hints at attempts to sell some of the crypto assets by the attackers. In a tweet, it stated,"It seems that Poly Network was attacked again; hackers minted a lot of assets. Hackers have sold 94 billion SHIB for 360 ETH, 495 million COOK for 16 ETH, and 15 million RFuel for 27 ETH. And we noticed that hackers are transferring assets and 1 ETH to new wallets, most likely for sale.
Metis, an Ethereum Layer 2 solution provider, made it known on Twitter that it was aware of the situation at Poly Network, adding that there is no"sell liquidity available" for the newly minted BNB and BUSD. Also, METIS tokens on the Poly Network bridge have been locked and thus have limited liquidity.
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