Post
Topic
Board Altcoin Discussion
Re: PolyNetwork Hacked, $600 million Lost
by
Moeda
on 21/08/2021, 21:05:01 UTC
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

It proves that the platform is not safe enough to use. Why the Ethereum blockchain is currently still the number one producer of smart contracts, because it has been tested for its level of security. I think it is not impossible for everyone to create a new blockchain system, but for them it is difficult to maintain the level of security from hackers. And this has already happened on the PolyNetwork blockchain.