Scam Alert

Poly Network Hackers Transfer 1M DOWS and 7.3M FLUX!

Key Points:

  • Hackers behind Poly Network attack take further action with stolen funds, but community responds proactively.
  • Poly Network team promptly alerts stakeholders, Paidun’s early warning system demonstrates resilience of the crypto community.
  • Poly Network takes measures to counteract hackers’ actions, while investigations continue and discussions around crypto security intensify.
According to recent reports from Paidun’s early warning and monitoring system, the perpetrators behind the Poly Network attack have taken further actions with the stolen funds.

It has been revealed that the attackers have distributed 1 million DOWS (Digital Options Worth Securities) to four different addresses. Additionally, they have transferred 7.3 million FLUX tokens to a new address, which interestingly starts with 0x6c21, the same address that was initially targeted in the attack.

The Poly Network team, vigilant in their efforts to track and mitigate the attack, promptly alerted the community about the latest developments. The quick dissemination of this information serves to keep stakeholders informed and helps in taking necessary precautions.

Poly Network community has taken action to counteract the attackers’ actions. They have successfully moved approximately 0.3 ETH (Ethereum) from the compromised addresses to a more secure location. This proactive response by the Poly Network team demonstrates their commitment to protecting the interests of their users and mitigating the impact of the attack.

While the attack on Poly was undoubtedly a setback, the ongoing efforts by Paidun’s early warning and monitoring system, coupled with the swift response from the Poly Network community, showcase the resilience and determination of the crypto community to tackle such challenges.

As investigations into the attack continue, Poly Network is collaborating with law enforcement agencies and blockchain security experts to identify the culprits behind the breach. Their primary objective is to recover the stolen assets and ensure the security and integrity of their platform moving forward.

The incident has also sparked discussions around the importance of robust security measures within the crypto space. It serves as a reminder for both platform developers and users to prioritize security practices such as multi-factor authentication, regular audits, and vigilant monitoring to safeguard their digital assets.

Poly Network has assured its users that they are working tirelessly to rectify the situation and enhance their security protocols. In the meantime, they urge their community to remain cautious and report any suspicious activities.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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