The Limited Times

Now you can see non-English news...

Record-breaking cryptocurrency burglary by hackers

2021-08-11T06:43:02.073Z


According to experts, $ 600 million worth of cryptocurrency has been stolen from a digital money transfer company by hackers.


A company specializing in cryptocurrency transfers on Tuesday reported a record theft, the largest ever seen by the industry, valued at $ 600 million by experts.

Read also: Bitcoin, a new El Dorado for young French people

"Dear hacker (...) we want to get in touch with you and urge you to return the assets that you have hacked,"

the Poly Network company wrote in a letter to hackers and posted on Twitter.

"The amount of money you have hacked is the largest in the history of decentralized finance,"

the company continues.

"This money comes from tens of thousands of members of the crypto community."

In all, the theft of Ethereum, BinanceChain and OxPolygon tokens is worth some $ 600 million, according to calculations from users like cybersecurity researcher and Ethereum specialist Mudit Gupta.

Addresses of hackers revealed

Poly Network did not immediately respond to an AFP solicitation.

On Twitter, the company posted the addresses used by hackers, and called on cryptocurrency wallet holders to

"blacklist" them.

Transfers of bitcoins and other crypto-assets are based on blockchain technology, which a priori makes it possible to do without intermediaries such as banks, with transactions being made directly from user to user.

“The authorities of any country will consider your misdeeds to be a major economic crime and you will be prosecuted.

(...) You should talk to us to find a solution ”,

insists Poly Network in its letter.

By the end of April, cryptocurrency thefts, hacks and frauds had totaled $ 432 million, according to CipherTrace.

Read also: Is bitcoin a potential ecological disaster?

"This figure may seem small compared to past years, but if we look in more detail, we observe an alarming trend: hacks in decentralized finance now represent more than 60% of the total volume of hacks and thefts",

notes the specialist firm .

Source: lefigaro

All business articles on 2021-08-11

You may like

News/Politics 2024-02-13T11:19:06.544Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.