The Poly Network suffered another exploit as hackers manipulated a smart contract function on the cross-chain bridge protocol, impacting 57 crypto assets across ten blockchains. The attackers minted billions of tokens, but have only managed to steal $5 million in crypto. The protocol's multi-sig was compromised, and blockchain security provider Dedaub noted a lack of liquidity in most tokens prevented more significant losses. Binance and Polygon reassured users their platforms were not impacted. This marks the second major hack for the Poly Network, following a $600 million attack in August 2021.