Poly Network and the ongoing war against Poly Network Exploiter 2

160 ETH (worth $48,000) was sent by Poly Network to an exploiter with the wallet address Poly Network Exploiter 2. However, this is not the first case; this Chinese network is exploited. In the past, the network paid a handsome amount, more than $600 to recover looted cryptocurrency.

This time, the majority of the loot us reverted, minus the $141 million. The network assures users not to worry about their assets, the company is taking every possible step to minimize the impact of the loot.

It is considered to be the biggest ever hack in the DeFi network. It also shows that there are risks associated with using not-certified software and other tools.

The motive of the attacker, in this case, is unknown, the team says. The company is communicating with all the concerned parties to keep these assets frozen and non-functional.

We will update you as soon as new information comes in.