Cryptocurrency heist hacker returns $260m in funds

Alora Tuffin
1 min readAug 13, 2021
Cryptocurrency Hack

From Defi Network, Crypto Hackers Stole More Than $600 Million. This is the biggest hack ever in the decentralized finance or Defi space till now. Poly Network is a platform that allows users to exchange crypto tokens and has shown that heaps of buyers have been affected by this modern crypto theft.

Effective and most widely spread way to swipe digital currency from people by making them give out their access. Hackers make it possible by using the replica of authentic websites and genuine people who want to exchange cryptocurrency. When it comes to crypto hacks, Malware infections are still one of the elementary methods. Cyber attackers use Keyloggers to infect the device to steal PINs and Passwords.

Starting from performing unauthorized actions, or brute-force attacks to guessing the PINs on the user’s behalf, hackers try different ways to manipulate the market positions by demanding or dropping the positions of cryptocurrencies.

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