Cross-chain protocol #PolyNetwork's bridge tool exploited by attackers, minting $42B worth of tokens.š While unable to monetize gigantic stash due to lack of liquidity, hackers exchanged billions in illicitly-minted tokens for #ether.š
This marks the 2nd attack on PolyNetwork, revealing vulnerabilities in crucial bridge tools for crypto ecosystem.ā ļøš Share your thoughts on the security measures needed to protect cross-chain bridges.šš¬ #crypto #blockchain #security