Hackers seem to have exploited vulnerabilities on the Blockchain network to do what tend to be theft of the biggest cryptocurrency of all time.
According to a report by CNBC, the hackers have been marked around $ 610 million by attacking poly tissue, a platform that connects various blockchains.
Changpeng Zhao, CEO of Cryptocurrency Exchange Binance, tweeting about the attack.
Zhao said that Binance was aware of the attack and “coordinate with all our security partners to proactively help.” How hackers steal more than $ 600 million in accordance with reports by CNBC, poly tissue is a “decentralized financial platform” that connects various blockchains.
For those who are initiated, Blockchain is widely referring to the ledger in activities where most of the cryptocurrency is based.
Because every cryptocurrency is different and has its own blockchain, what the poly network does is to make blockchains work together.
Hackers seem to have exploited the vulnerabilities and tissue of the poly installed.
“We apologize to announce that #PolyNetwork is attacked on @ Binancechain @ Etheereum and @ 0xpolygon,” Tweeted Poly Network.
Security researchers at Slumpment, a Cybersecurity research company, said that Cryptocurrency stolen was transferred to three different addresses.
The researchers said the theft was an organized and planned attack organized.
In a tweet, the security research firm said that they “trace the possibility of identity instructions related to poly network attackers.
“The company also said that their researchers had” captured the attacking box, IP, and fingerprint of poly devices had asked our miners to call the Blockchain miner affected and the exchange of Crypto to the black list token originating from hackers.
The Poly Network in Tweet has also tried to reach hackers and urge them to restore “assets hacked.”
This might be the biggest cryptocurrency theft that has ever existed
