PolyNetwork Has Been Hacked

PolyNetwork is under attack after assets have been transferred to hacker's addresses.

PolyNetwork has been hacked
PolyNetwork image

Today, the platform built to implement interoperability between multiple chains in order to build the next generation internet infrastructure has been hacked. The company announced

today on its official Twitter page.

In addition, PolyNetwork said that assets involved include BUSD, BTCB, ETHB, BNB. According to PolyNetwork, assets had been transferred to hacker's ETH, Polygon, and BSC addresses.

ETH: 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963

BSC: 0x0D6e286A7cfD25E0c01fEe9756765D8033B32C71

Polygon: 0x5dc3603C9D42Ff184153a8a9094a73d461663214

ETH: 0xf8B5c45c6388c9Ee12546061786026aAeaa4b682

The PolyNetwork team also noted that they call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from the above addresses. Noting that they will take legal actions and urge the hackers to return the cryptos. This is unfortunately the largest ever DeFi exploit with over $600M stolen across Ethereum, BSC, and Polygon.

However, the team noted that after preliminary investigation, they located the cause of the vulnerability. "The hacker exploited a vulnerability between contract calls, exploit was not caused by the single keeper as rumored," PolyNetwork said.