Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Mill...
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning $260 million in tokens, the hacker explained that the Poly Network has “well enough assets to start the recovery phase.” Poly Network Hacker Returns a Number of Defi Tokens On August 10, Bitcoin.com News reported on the massive decentralized finance (defi) hack that plagued the Poly....
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The crypto market has been rocked by the news of what might be the biggest DeFi hack in history. On August 10th, the exploitation on the Poly Network saw the hacker(s) make away with more than $600 million in crypto. A hack that shook the entire DeFi market to its very core. The hacker made off with a loot of over $200 million in ETH. And hundreds of millions in tokens. After a warning from a user warning that their USDT address had been blacklisted, the hacker then sent approximately $42K in ETH to the address which issued the warning. Resulting in hundreds of transactions being sent to....
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network team as the project’s official Twitter account says it received $4.7 million so far. **Editor’s note: As of 1:45 p.m. (EDT) the hacker has returned $260 million in tokens. White Hat Hacker Communicates With Poly Network Attacker The Poly Network hack will go down in history as one of....
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and conducted a question and answer session detailing how the initial hack went down. In what is being described as the largest DeFi hack to date, the Poly Network suffered a $612 million exploit on Aug. 10 which saw the hacker steal assets from Ethereum, Binance Chain and the Polygon Network.Tom Robinson, the chief scientist at blockchain....
The returned sum represents only a minor portion of the over $600 million stolen from Poly Network. These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show that $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens are being returned.So far, we have received a total value of $4,772,297.675 assets returned by the hacker. ETH address: $2,654,946.051 BSC....
The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet. Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds.At about 4:00 UTC on Wednesday, the hacker sent an Ethereum transaction to themselves, stating that they were “ready to return the fund” in an embedded transaction message.Source: EtherscanIn a subsequent message, the hacker asked for a multisig wallet address to return the funds to Poly Network.....