Poly Network is a cross-chain interoperability platform that allows users to transfer digital assets across different blockchains. On August 10, 2021, the platform was hacked and lost around $600 million in cryptocurrency. The hacker exploited a vulnerability in the platform's code to gain access to the funds.
Poly Network reacted quickly and issued a statement calling the hacker to return the stolen assets. Surprisingly, the hacker agreed to return the funds and started transferring them back to Poly Network's wallets.
The Poly Network hack is one of the largest crypto heists in history, but it also highlights the importance of security in the blockchain industry. Poly Network has promised to strengthen its security measures to prevent such incidents from happening in the future.
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