Crypto NewsAltcoinPolyNetwork Losing $600M In 2021 Has Been Hacked Again: They've Printed Billions...

PolyNetwork Losing $600M In 2021 Has Been Hacked Again: They've Printed Billions Of These Altcoins!

A hacking event occurred again in PolyNetwork, which was not on the agenda at that time with the hacking event in 2021.

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PolyNetwork, which went down in history as the biggest theft in DeFi history with a $ 600 million hack in 2021, was hacked again.

Hackers minted huge altcoin assets on various chains.

99,999,184 BNB and 10 billion BUSD in Metis, 999,8127 trillion SHIB in Heco, 87,579,118 COW and 999.998,434 OOE, 636,643,868 STACK, 88,640.563 GM mint in Polygon and 378,028,371 STACK on Avalanche , 82,854,568 XTM, 11,026,341 SPAY, 89,383,712 GM, 8,882,911 METIS, 926,160,132 DOV, 978,102,855 SLbD and other assets were issued on BSC.

In 2021, PolyNetwork was hacked, stealing more than $600 million, the biggest theft in DeFi history, but the hackers later returned the funds.

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Metis also released a statement on the subject:

“Concerning newly minted BNB and BUSD in Metis, there is no selling liquidity. All funds in Metis Andromeda are safe.

We are aware of the ongoing situation of Polybridge and are currently in contact with the PolyNetwork team to minimize the impact of the attack and further assess the situation.”

Yu Xian, founder of cryptocurrency security company SlowMist, also said there is no need to worry, as the $4.2 billion worth of assets stolen by hackers are mostly “empty” and will not become real assets.

Statement from Binance CEO

The CEO of Binance also made a statement on the subject. Changpeng Zhao stated that the attack did not affect Binance users and that the platform does not support deposits from the hacked network.

*Not investment advice.

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