FreeTon Project Rebrands to Everscale as Locked-in Liquidity of Poly-Network,...

FreeTon Project Rebrands to Everscale as Locked-in Liquidity of Poly-Network,...

Everscale—a high throughput, scalable, and secure open-source blockchain built off Telegram’s TON concept—is the new brand name for the FreeTon Project. Rebranding from FreeTON to Everscale An announcement that FreeTON would be rebranding to Everscale was made after the change was successfully voted upon on November 9, declaring the name change to mirror the development […]


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Everscale Grants Program (Ex FreeTON) Now Accepting Applications

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FreeTON Unveils TON Swap 2.0

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Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying...

On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above the entire year’s worth of defi hacks. $600 Million Drained, Poly Network Defi Hack Eclipses 2021’s Defi Hacks This week, the blockchain analysis and intelligence company Ciphertrace published a report that shows $474 million was lost to defi-related hacks and fraud. The findings....

Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Fro...

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....

Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen...

On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr. White Hat,” but the repayment process is not complete. Poly Network Hacker Returns Most of the Stolen Crypto Assets According to a message from the Poly Network team, a large majority of the stolen funds from the August 10 hack have been returned. The stash of tether (USDT) are the only funds....