Leaderboard
317All-time rank
P
PolyNetwork
Aug 12, 2024
$5.0M
Lost
$5.0M
Recovered
$0
Net loss
$5.0M
Unrecovered0% recovered
On August 12, 2024, an undisclosed vulnerability in Poly Network's Cross-Chain Management Contract drained $4-5M in wrapped assets on Neo N3, de-pegging Flamingo's f- and p-assets. Poly Network suspended the bridge and Flamingo paused cross-chain features; Neo Global Development relaunched and took over in September.
This was the third Poly Network compromise.
- Target
- Bridge
- Classification
- Protocol Logic
- Technique
- Unknown
- Attribution
- Unknown
- Chains
PolyNetwork
Event timeline
- Aug 12, 2024Exploit executed — $5.0M drained via unknown
- Attributed to Unknown
- Recovery status Unrecovered 0%
