CZ 🔶 Binance (Twitter)
RT @bsc_daily: 🤔 The BNB Chain has already been really fast and low fees, but they continues to develop another layer 2 scaling solution. So, what is actually happening here?
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#BNBchain #layer2 #opBNB https://twitter.com/bsc_daily/status/1671147942172844033/photo/1
RT @bsc_daily: 🤔 The BNB Chain has already been really fast and low fees, but they continues to develop another layer 2 scaling solution. So, what is actually happening here?
Subscribe now for in-depth insights!
Coinwire Newsletter: https://bit.ly/3OAPcbA
#BNBchain #layer2 #opBNB https://twitter.com/bsc_daily/status/1671147942172844033/photo/1
Poly Network temporarily halts services after another hack
Cryptopolitan (RSS)
The cross-chain bridge platform Poly Network fell victim to a major attack, resulting in a hacker being able to generate billions of tokens for profit on July 2. The exploit involved manipulating a smart contract function on the platform’s cross-chain bridge protocol, leading Poly Network to temporarily suspend its services. The attack affected 57 different crypto assets across 10 blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, Heco, OKx, and Metis.
Dear users, we would like to inform you that Poly Network is temporarily suspending its services due to a recent attack. We are actively engaging with relevant parties and diligently assessing the extent of the affected assets. 【1/3】
— Poly Network (@PolyNetwork2) July 2, 2023
Although Poly Network did not specify the exact amount stolen in the attack, it was reported that the hacker transferred at least $5 million worth of cryptocurrencies. In response to the incident, Poly Network initiated communication with centralized exchanges and law enforcement agencies, seeking their assistance in resolving the issue. The project team also advised other project teams and token holders to withdraw liquidity and unlock their LP tokens.
#PeckShieldAlert @PolyNetwork2 exploiter has transferred more than $5M worth of cryptos out on #Ethereum, #BNBChain, and #Polygon, especially 1.5K $ETH ($2.88M) to 0x23f4…c671, 440 $ETH ($844K) to 0xc8Ab…C42F, and 300 $ETH (~$575K) to 0xfD3E…b778https://t.co/EbYdTo3xIg… pic.twitter.com/I5Lg9UJ0eU
— PeckShieldAlert (@PeckShieldAlert) July 2, 2023
According to a DeFi security analyst, the exploit was a result of a smart contract vulnerability that allowed the hacker to craft a malicious parameter containing a fake validator signature and block header. This parameter was accepted by the smart contract, bypassing the verification process and enabling the hacker to issue tokens from Poly Network’s Ethereum pool to their address on other chains, such as Metis, BNB Chain, and Polygon. This process was repeated across multiple chains, resulting in the accumulation of a significant token stash.
Poly Network hack
At one point, the hacker’s wallet held approximately $42 billion worth of tokens, but they were only able to convert and steal a fraction of that amount. The attack has been called the “34 billion Poly Network hack” by blockchain security solutions provider Dedaub, highlighting weaknesses in the protocol’s multi-signature arrangement. Dedaub discovered that the private keys to the compromised addresses were compromised, emphasi...
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Cryptopolitan (RSS)
The cross-chain bridge platform Poly Network fell victim to a major attack, resulting in a hacker being able to generate billions of tokens for profit on July 2. The exploit involved manipulating a smart contract function on the platform’s cross-chain bridge protocol, leading Poly Network to temporarily suspend its services. The attack affected 57 different crypto assets across 10 blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, Heco, OKx, and Metis.
Dear users, we would like to inform you that Poly Network is temporarily suspending its services due to a recent attack. We are actively engaging with relevant parties and diligently assessing the extent of the affected assets. 【1/3】
— Poly Network (@PolyNetwork2) July 2, 2023
Although Poly Network did not specify the exact amount stolen in the attack, it was reported that the hacker transferred at least $5 million worth of cryptocurrencies. In response to the incident, Poly Network initiated communication with centralized exchanges and law enforcement agencies, seeking their assistance in resolving the issue. The project team also advised other project teams and token holders to withdraw liquidity and unlock their LP tokens.
#PeckShieldAlert @PolyNetwork2 exploiter has transferred more than $5M worth of cryptos out on #Ethereum, #BNBChain, and #Polygon, especially 1.5K $ETH ($2.88M) to 0x23f4…c671, 440 $ETH ($844K) to 0xc8Ab…C42F, and 300 $ETH (~$575K) to 0xfD3E…b778https://t.co/EbYdTo3xIg… pic.twitter.com/I5Lg9UJ0eU
— PeckShieldAlert (@PeckShieldAlert) July 2, 2023
According to a DeFi security analyst, the exploit was a result of a smart contract vulnerability that allowed the hacker to craft a malicious parameter containing a fake validator signature and block header. This parameter was accepted by the smart contract, bypassing the verification process and enabling the hacker to issue tokens from Poly Network’s Ethereum pool to their address on other chains, such as Metis, BNB Chain, and Polygon. This process was repeated across multiple chains, resulting in the accumulation of a significant token stash.
Poly Network hack
At one point, the hacker’s wallet held approximately $42 billion worth of tokens, but they were only able to convert and steal a fraction of that amount. The attack has been called the “34 billion Poly Network hack” by blockchain security solutions provider Dedaub, highlighting weaknesses in the protocol’s multi-signature arrangement. Dedaub discovered that the private keys to the compromised addresses were compromised, emphasi...
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Google Docs
PolyNetwork Affected Assets
黑客砸盘获益
BEFORE,AFTER,Lost
token,Ethereum,BNB Chain,总计,token,Ethereum,BNBchain,总计,Ethereum,BNBchain,totoal,price,value,TX HASH
COW,38,527,708.75,73,504,283.11,112,031,991.86,COW,38,527,708.75,73404283.11,73404283.11,COW,0,100,000,100,000.00,0.08,8,324.00
RFuel…
BEFORE,AFTER,Lost
token,Ethereum,BNB Chain,总计,token,Ethereum,BNBchain,总计,Ethereum,BNBchain,totoal,price,value,TX HASH
COW,38,527,708.75,73,504,283.11,112,031,991.86,COW,38,527,708.75,73404283.11,73404283.11,COW,0,100,000,100,000.00,0.08,8,324.00
RFuel…
CZ 🔶 Binance (Twitter)
RT @bsc_daily: 🎉 Remarkable Newcomers on #opBNB Chain in August 🚀
opBNB is gradually gathering potential and outstanding projects both inside and outside the #BNBChain ecosystem ahead of the upcoming official mainnet 🔥
No matter what the market is like, real builders will #BUIDL 💪
RT @bsc_daily: 🎉 Remarkable Newcomers on #opBNB Chain in August 🚀
opBNB is gradually gathering potential and outstanding projects both inside and outside the #BNBChain ecosystem ahead of the upcoming official mainnet 🔥
No matter what the market is like, real builders will #BUIDL 💪