The hackers generated vast quantities of many distinct coins over several blockchains.
Approx $42B worth of cryptocurrencies was stored in the attacker’s wallet at one time.
After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability platform, was severely hacked over the weekend when an attacker used a flaw in the cross-chain bridge protocol to generate billions of tokens.
The hackers generated vast quantities of many distinct coins over several blockchains. In addition, they produced 24 billion BUSD and BNB on Metis and 999 trillion SHIB (999 trillion) on the Heco blockchain.
57 Assets Affected
The hacker created new blockchains, generated billions of tokens, and transferred them to their own wallets. Approximately $42 billion worth of cryptocurrencies was stored in the attacker’s wallet at one time. However, it is difficult for them to sell
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