Further details are coming to light following a July 2 attack on Cross-Chain Bridge platform Poly Network, which has resulted in a hacker being able to issue Billions of Tokens out of thin air for profit.
In a July 2 Twitter post, Poly Network Confirmed it became the latest DeFi exploit victim after attackers managed to manipulate a smart contract function on the cross - chain Bridge protocol adding it will be temporarily suspending services.
In the most recent updates, the team revealed the exploit affected 57 crypto assets on blockchain - including Ethereum, $BNB Chain, Polygon ($MATIC ) Avalanche, Heco, OKx, Metis and others.