Poly Network hacker appears ready to return stolen funds
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.....
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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....
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker. The hacker behind a $610 million attack on the cross-chain decentralized finance (DeFi) protocol Poly Network has returned almost all of the stolen funds amid the project saying their actions constituted “white hat behavior.”According to a Thursday update on the attack from Poly Network, all of the $610 million in funds taken in an exploit that used "a vulnerability between contract calls” have now been transferred to a multisig wallet controlled by the....
$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 crypto industry was taken by storm when Poly Network, an interoperable cross-chain platform, revealed that they were attacked. The hacker pulled what turned out to be one of the biggest thefts in DeFi history, at least, that it has been called by the mainstream media. The attacker managed to transfer funds from several blockchains connected by a blockchain agnostic trading pool, O3 Swap. Created by Poly Network and O3 Labs, the platform allows users to interact with Ethereum, Binance Smart Chain (BSC), Polygon, and others. Using an exploit, the hacker took control of $273 million on....
The Poly Network hacker pledges a payback after the huge fraudulent withdrawal of $600 million of a cross-chain project. Update: PolyNetwork hackers have returned $253 million on the BSC chain. pic.twitter.com/jO0SiWDtyP — Wu Blockchain (@WuBlockchain) August 11, 2021 The hacking of crypto funds occurred across three chains of the Ploy Network. Notably, this series of […]