Tether releases newly-unfrozen funds associated with Poly Network, Yearn DAI hacks

2021-8-27 16:30

Tether is in the news today after the world's largest stablecoin announced the release of $33.4 million in frozen funds. These funds were associated with the Poly Network hack that took place earlier The post Tether releases newly-unfrozen funds associated with Poly Network, Yearn DAI hacks appeared first on AMBCrypto.

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Cross-chain Poly Network Gets Hacked for Over $600M, Exchanges & Stablecoin Issuers Act to Save the Lost Funds

In what appears to be the largest DeFi attack to date, cross-chain protocol Poly Network has been hacked for more than half a billion dollars. “We are sorry to announce that PolyNetwork was attacked on BinanceChain, Ethereum and Polygon,” tweeted the team on Tuesday while sharing the hacker’s address where the assets have been transferred.

2021-8-10 18:02