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On August 10th, 2021, the cross-bridge protocol PolyNetwork was exploited for $611 million dollars in various tokens. It is reported by The Block, that it is the largest known hack of a DeFi protocol in history.
A query through Dune Analytics of Ethereum's blockchain data reveals that this transaction is the first associated with the wallet used by the attacker for the hack. This transaction represents a transfer of 0.47485685 ETH from the Hoo Exchange to the wallet. On the date of the attack, 0.47485685 ETH is valued at $1,509.37 US Dollars.
Reviewing the "change of state" details of the transaction on Etherscan reveals that there was 0 ETH in the wallet prior to this transaction, confirming that this transaction is the first time that ETH has been added to the wallet.
In the transactions immediately following this transaction, the ETH is then used to pay the gas fees of the the attack vector transaction and transfer an estimated $611 million dollars worth of tokens from the PolyNetwork protocol.
A series of generative art collections generated from on-chain transaction records on Ethereum to represent moments of blockchain history with NFTs.
This collection page is no longer in use.
Migrate your HASH NFT to the new ERC-721 HASH collection contract on https://hash.pob.studio
New collection page: https://opensea.io/collection/hash-by-pob
To learn more about HASH by Pob Studio visit: https://www.pob.studio/hash
Contract Address0xe18a...d7ba
Token ID5789604461865809...
Token StandardERC-1155
ChainEthereum
Last Updated2 years ago
Creator Earnings
The Gas for The Crime - Paying for the $611 Million PolyNetwork Hack
Owned by
j0rdan
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The Gas for The Crime - Paying for the $611 Million PolyNetwork Hack
Owned by
j0rdan
1
visibility
40 views- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
On August 10th, 2021, the cross-bridge protocol PolyNetwork was exploited for $611 million dollars in various tokens. It is reported by The Block, that it is the largest known hack of a DeFi protocol in history.
A query through Dune Analytics of Ethereum's blockchain data reveals that this transaction is the first associated with the wallet used by the attacker for the hack. This transaction represents a transfer of 0.47485685 ETH from the Hoo Exchange to the wallet. On the date of the attack, 0.47485685 ETH is valued at $1,509.37 US Dollars.
Reviewing the "change of state" details of the transaction on Etherscan reveals that there was 0 ETH in the wallet prior to this transaction, confirming that this transaction is the first time that ETH has been added to the wallet.
In the transactions immediately following this transaction, the ETH is then used to pay the gas fees of the the attack vector transaction and transfer an estimated $611 million dollars worth of tokens from the PolyNetwork protocol.
A series of generative art collections generated from on-chain transaction records on Ethereum to represent moments of blockchain history with NFTs.
This collection page is no longer in use.
Migrate your HASH NFT to the new ERC-721 HASH collection contract on https://hash.pob.studio
New collection page: https://opensea.io/collection/hash-by-pob
To learn more about HASH by Pob Studio visit: https://www.pob.studio/hash
Contract Address0xe18a...d7ba
Token ID5789604461865809...
Token StandardERC-1155
ChainEthereum
Last Updated2 years ago
Creator Earnings
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