【Market Flash】Poly Network’s old case serves as a warning: How a $612 million cross-chain bridge was hacked
On August 10, 2021, an attacker exploited a vulnerability in Poly Network’s cross-chain authorization and stole approximately $612 million, setting a record at the time for the largest DeFi hack. $578.6 million was returned within two days, and Tether froze $33.4 million in USDT. One point of failure, multiple chains compromised—do you check the audit before using a cross-chain bridge? (Source: Coincu)
$ETH $BNB $MATIC
#币安广场 #跨链桥 #DeFi
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
On August 10, 2021, an attacker exploited a vulnerability in Poly Network’s cross-chain authorization and stole approximately $612 million, setting a record at the time for the largest DeFi hack. $578.6 million was returned within two days, and Tether froze $33.4 million in USDT. One point of failure, multiple chains compromised—do you check the audit before using a cross-chain bridge? (Source: Coincu)
$ETH $BNB $MATIC
#币安广场 #跨链桥 #DeFi
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
