Re: PolyNetwork Hacked, $600 million Lost

Quote from: Teknisi88 on August 11, 2021, 02:55:38 PM

Today I read the news of the most shocking events at https://www.reuters.com/technology/defi-platform-poly-network-reports-hacking-loses-estimated-600-million-2021-08-11/ namely news about The biggest hack in the history of the crypto industry.
A cryptocurrency platform has lost about $600 million in digital tokens after one of the biggest hacking attacks in the sector, according to details of the theft that emerged on Wednesday.
Why this event can happen so as to create space for hackers, it's really unfortunate

I think this should be the biggest DeFi hack of all time, lucky for them the hacker is a white hat hacker, else he wouldn't have returned all those money he looted, but gosh $600 million is a whole lot of money to steal, its just way too big for anyone to change to fiat, I don't know what we really need to do for DeFi platforms to stop getting hacked, this is getting out of hand.