What happens if you hack a crypto community?

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."

What happened to crypto?

The company has been making a name for itself of late with partnerships with Matt Damon and Water.org, as well as its purchase of the naming rights to the Staples Center in Los Angeles. The breach at Crypto.com is one of many hacks resulting in multimillion losses in the cryptocurrency industry.

Did a hacker steal $30 million-worth of cryptocurrency from 483 users?

Click on the headlines to read the full stories. The massive international cryptocurrency exchange Crypto.com finally confirmed this week that a hacker made off with $30 million-worth of cryptocurrency stolen from 483 users' digital wallets. The company initially called the situation “an incident" and said that "no customer funds were lost."

What is the largest Defi hack ever?

Meanwhile, a hacker stole $600 million worth of crypto tokens from the PolyNetwork protocol in August in what is considered to be the largest DeFi hack ever.