Poly Network: In the July incident, hackers obtained the relay chain consensus key through a Trojan virus and forged cross-chain transactions.
Cross-chain interoperability protocol Poly Network released a security incident investigation report on July 2nd, which affected 58 assets on 11 chains during the vulnerability incident.
Analysis found that the attacker implanted a Trojan virus in the program compilation environment to obtain the consensus key of the Poly Network relay chain. Subsequently, they manipulated the number of pending unlocked assets on the target chain by transferring transactions from the original chain to the attacker's relay chain, and executed a forged cross-chain transaction. The attacker then transferred the transaction on the relay chain to the target chain. The target chain contract verified the signature of the relay chain, resulting in the modified asset quantity being released to the attacker's wallet address.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UK Government Releases Comprehensive Draft Legislation to Support Industry and Curb Fraud
The UK government has unveiled a 27-page draft legislation aimed at bringing cryptocurrency activities under formal financial regulation for the first time. This move seeks to foster innovation while protecting consumers by extending existing financial rules to digital assets like stablecoins, crypto exchanges, and custodial services.

Bitcoin, Ethereum ETFs Witness Significant US Inflows

ZachXBT Uncovers $330 Million Bitcoin Theft

Ethereum’s Bullish Breakout: ETF Inflows, BlackRock Investment, and Elliott Wave Analysis Point Towards $10,000 ETH Price Level

Trending news
MoreCrypto prices
More








