Finance

Hacker Steals $600 Million from Crypto Company

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Poly Network was launched in June and went on to become an instant hit in the cryptocurrency market, becoming the 15th largest cryptocurrency within a month. About two months later, hackers accessed its website and were able to steal digital tokens worth $600 million.

According to the official statement from Poly Network, hackers stole 2 billion tokens through API access due to a coding error. The company claimed it is cooperating with law enforcement agencies on a full investigation into the breach but did not disclose details of how much each token is worth at this time.

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