Affiliate Disclosure
If you buy through our links, we may get a commission. Read our ethics policy.

Cryptocurrency platform Poly Network hack steals $600 million [u]

Poly Network, the cryptocurrency interoperability protocol, says that it has been hacked and more than $600 million in assorted cryptocurrency was stolen.

While individuals have attempted various cryptocurrency related scams, now the Poly Network has taken to Twitter to announced it has been robbed. The service is calling on cryptocurrency users to blacklist the alleged hackers.

"We call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from [these] addresses," it continues.

The hack is being reported as the largest DeFi (decentralized finance) hack ever, though this is not confirmed.

According to Crypto News, Poly Network lists its stolen assets as being from Binance Smart Chain, Ethereum, and Polygon.

"We will take legal actions," continues the company, "and we urge the hackers to return the assets."

The urging may even be working. Crypto News is now separately reporting that some $1 million has been returned.

Update: The hacker or hackers behind the heist have returned nearly all of the funds as of Friday, Aug. 13.