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Hackers allegedly breached blockchain-based platform Poly Network and extracted more than $600 million in cryptocurrencies on Tuesday, the company announced on Twitter, marking the biggest hack ever in the decentralized finance space that’s heating up among investors.

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“We are sorry to announce that #PolyNetwork was attacked,” Poly tweeted Tuesday morning, disclosing that hackers had transferred hundreds of millions of dollars to separate cryptocurrency wallets.

Cryptocurrency wallet addresses disclosed by Poly, a cross-chain interoperability network, show transfers early Tuesday of 2,858 ether tokens worth about $267 million, 6,610 binance coins worth more than $252 million and roughly $85 million in USDC tokens on the Polygon network. 

The combined value of the stolen tokens, as of Tuesday morning, totaled roughly $604 million, making it even bigger than the $460 million hack on cryptocurrency exchange Mt. Gox that led to the company’s bankruptcy and heightened regulation in the nascent space about seven years ago.

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