What happened
Cryptocurrency prices roared higher in Monday-morning trading, with Ethereum (CRYPTO: ETH) up 3.7% since midnight Sunday, Bitcoin (CRYPTO: BTC) up 4.4%, and Dogecoin (CRYPTO: DOGE) doing best of all -- up 5.9% as of 10:45 a.m. EDT.
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Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever.
Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.
In a letter posted on Twitter, it urged the thieves to "establish communication and return the hacked assets".
In scale, the hack on par with huge recent breaches at exchanges such as Coincheck and Mt Gox.
Video: Crypto, tech CEOs respond to...
Cryptocurrency prices roared higher in Monday-morning trading, with Ethereum (CRYPTO: ETH) up 3.7% since midnight Sunday, Bitcoin (CRYPTO: BTC) up 4.4%, and Dogecoin (CRYPTO: DOGE) doing best of all -- up 5.9% as of 10:45 a.m. EDT.
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