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".

In scale, the hack on par with huge recent breaches at exchanges such as Coincheck and Mt Gox.



In its letter Poly Network said: "The amount of money you have hacked is one of the biggest in defi [decentralised finance] history.

"Law enforcement in any country will regard this as a major economic crime and you will be pursued.

"The money you stole are [sic] from tens of thousands of crypto community members, hence the people."

Poly Network urged various exchanges to block deposits of the coins, after millions of dollars in tokens were transferred to separate cryptocurrency wallets.

About $267m of Ether currency has been taken, $252m of Binance coins and roughly $85 million in USDC tokens.

general111:
Wahala oh....
Crypto is legit, but it can be very dicey atimes

iwaeda:


Awon ti Husppupi, awo Abba!

Plomo:
Inside life.

Now that someone has “stolen” $600m in coins, it’s only wise the keep the money safe and lay low for a couple of months.

Now $600m out of circulation only means inflation will drop and prices of select crypto will rise.

Moneeeeeeyyyyy!!!

chatinent:
I giggled when Paul said Bitcoins was very safe and cannot be hacked. There's actually nothing made by man that cannot be hacked.

Penguin2:
They are asking hackers to establish contact and return what they stole .

Be like say these hackers are a joke to these people.

chatinent:
I giggled when Paul said Bitcoins was very safe and cannot be hacked. There's actually nothing made by man that cannot be hacked.