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Bloomberg report on $600 million cryptocurrency theft – “biggest ever” DeFi looting

HomeCryptocurrency NewsBloomberg report on $600 million cryptocurrency theft – “biggest ever” DeFi looting

Bloomberg report on $600 million cryptocurrency theft – “biggest ever” DeFi looting

10 Aug 2021

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Bloomberg report on a hack of a protocol known as PolyNetwork that has resulted in the theft of circa US$600m in crypto

  • what is likely the biggest theft ever in the world of decentralized finance
  • PolyNetwork lets users swap tokens across multiple blockchains
  • Tens of thousands of people are affected by the hack

Link here for more info. 

Leading crypto BTC doesn’t appear that fussed, its not far from recent highs:

hack of a protocol known as PolyNetwork crypto theft

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