Over $600 Million Stolen in Biggest Ever Cryptocurrency Theft

Poly Network hack

The largest hack in recorded history took place yesterday when attackers exploited a vulnerability that could change the “keeper role” of a blockchain contract and make any transaction such as a withdrawal, according to a Medium post by Poly Network. Poly Network, a platform that looks to connect different blockchains so that they can work together, confirmed that the vulnerability was due to the leakage of a keeper’s private key. In a tweet thread, SlowMist confirmed that over $610m was stolen. The security team has also confirmed that it “has…

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