Hackers stole cryptocurrencies worth more than $600 million from Poly Network, aPoly Network, which uses digital assets for lending and other financial transactions, disclosed the hack in a series of Twitter posts Tuesday. Blockchain security company SlowMist estimated that the stolen cryptocurrencies were worth over $610 million at the time.
The hackers made away with digital currencies including ether and tokens backed by bitcoin, as well as tether,, and the Shiba Inu coin, a novelty spinoff of the joke cryptocurrency dogecoin inspired by the Shiba Inu breed of dog. “The amount of money you hacked is the biggest one in defi history. Law enforcement in any country will regard this as a major economic crime and you will be pursued,” Poly Network wrote in a letter posted on Twitter.