The crypto industry was taken by storm when Poly Network, an interoperable cross-chain platform, revealed that they were attacked. The hacker pulled what turned out to be one of the biggest thefts in DeFi history, at least, that it has been called by the mainstream media.<\/p>\n
The attacker managed to transfer funds from several blockchains connected by a blockchain agnostic trading pool, O3 Swap. Created by Poly Network and O3 Labs, the platform allows users to interact with Ethereum, Binance Smart Chain (BSC)<\/a>, Polygon<\/a>, and others.<\/p>\n Using an exploit, the hacker took control of $273 million on Ethereum, $253 million on BSC, and $85 million on Polygon. In total, the attacker took over $600 million. However, the Poly Network team reached out to establish a communication channel.<\/p>\n The message began with a \u201cDear Hacker\u201d and appeals to the entity\u2019s consciousness and the well-being of the community. The message worked, as the hacker started to return the stolen funds.<\/p>\n pic.twitter.com\/Yzw4oDenjC<\/a><\/p>\n — Poly Network (@PolyNetwork2) August 10, 2021<\/a><\/p><\/blockquote>\n\n