Poly Network Temporarily Suspends Services After Cyber Attack

The post Poly Network Temporarily Suspends Services After Cyber Attack appeared first on Coinpedia Fintech News

Poly Network, a platform enabling transactions across various blockchain platforms, has temporarily halted its services due to a sudden security attack. The company suspects that the breach may involve private keys or a multi-signature service attack, potentially enabling the hacker to initiate withdrawals using forged proofs. Poly Network is currently evaluating the scope of the impacted assets and actively communicating with relevant parties. The company welcomes support from cybersecurity professionals to address this situation. Poly Network remains committed to safeguarding users’ assets and will provide further updates as it resolves this security incident.