Tag: Poly Network

Breaking Down the Poly Network Hack; 0M Stolen in a Cross-Chain Exploit

Breaking Down the Poly Network Hack; $610M Stolen in a Cross-Chain Exploit

In the shadowy corridors of decentralised finance, a digital heist shook the crypto world. An anonymous actor syphoned over $600 million from Poly Network, leaving experts scrambling. The breach exposed cracks in blockchain’s armour, sparking debates about ethics, security, and the motives behind history’s largest DeFi theft. Poly Network Launched in 2020 by Ontology, Neo, and Switcheo, Poly Network pioneered…

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