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Coin-turk.com 2023-07-02 04:54:54

PolyNetwork Faces Potential Repeat of Massive Crypto Hack – New Risks Emerge

Cryptocurrency investors witnessed crypto hacks worth hundreds of millions of dollars in 2021 and 2022. The danger is that if the allegations are true, the 2021 attack was repeated, and larger figures are at risk. So, what are the claims and details put forward? Breaking Crypto News According to allegations by WuBlockchain, PolyNetwork was attacked again. This is suspected because hackers minted a huge number of tokens on several networks. 99,999,184 BNB and 10 billion BUSD were minted on Metis, while trillions of SHIBA Coins were minted on Heco. You can see the full list below. The value of these is in the billions of dollars. In 2021, PolyNetwork had suffered an attack worth 600 million dollars, and we had seen the largest attack in DeFi history. The liquidity of PolyNetwork might be insufficient and large amounts of BNB and BUSD might not be able to be drained from different […] The post PolyNetwork Faces Potential Repeat of Massive Crypto Hack – New Risks Emerge appeared first on COINTURK NEWS.
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