Sunday, November 24

Hackers steal $600m in major cryptocurrency heist

Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever.

Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.

In a letter posted on Twitter, it urged the thieves to “establish communication and return the hacked assets”.

Hours after the hack, the attacker started returning the funds – first in small amounts and then in millions.

They started sending back small transfers totalling a few dollars to the online wallets controlled by Poly – but then began making much larger deposits, totalling hundreds of millions. Continue reading

(Image Credits: Unsplash)