July 4 (Cointime) - Poly Network, a decentralized finance (DeFi) cross-chain protocol, has suffered another major hack affecting 57 different crypto assets on 10 different blockchains. The hacker used forged proofs to launch withdrawal operations on cross-chain bridge contracts, according to blockchain security firm Beosin.

Another security firm, PeckShield, has identified a wallet with over $42 billion worth of crypto assets on July 2nd as the possible Poly Network exploiter. Poly Network previously suffered a $643 million hack in August 2021, which it successfully recovered after working with the hacker.