Cryptocurrency
"Crypto platform hit by $600 million heist asks hacker to become its chief security advisor"
Primary Source ↗Recovered
$611.0M
Blockchain(s)
Ethereum, Bsc
Incident Details
Hackers stole approximately $611 million from the decentralized finance platform Poly Network in the largest cryptocurrency theft against a single platform to date. In a bizarre twist, the hacker returned the funds, and Poly Network offered them a position as a chief security advisor (though it is not clear if they accepted).
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- Poly Network
Timeline
- 2021-08-11 Breach occurred
- 2021-08-11 Publicly disclosed