U.Today - In the aftermath of yesterday's shocking Poly Network cross-chain protocol hack, new revelations have shed light on the actions of the audacious attackers. Renowned crypto journalist , citing insights from crypto intelligence portal Beosin Alert, has disclosed crucial details regarding the incident.
According to data, Poly Network hackers managed to exchange a staggering 5,196 ETH, amounting to approximately $10.1 million, on the network. However, their potential windfall remains restricted due to the low liquidity of other tokens involved, which are valued at a staggering $260 million.
Thus, while the attackers have succeeded in cashing out millions of dollars worth of Ethereum, their plan to exploit the remaining stolen assets faces a major obstacle in the form of limited liquidity.
Additionally, it was reported today by Wu that has announced the suspension of its services in the aftermath of the attack. As a consequence, the security breach has impacted a total of 57 assets across 10 different blockchains, highlighting the magnitude of the incident.