Poly Network Hacker Says 'In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
defi

Poly Network Hacker Says 'In the Defi World Code Is Law’ While Returning Millions in Defi Tokens

THELOGICALINDIAN - Two canicule afterwards the belled Poly Network drudge the hacker continues to accelerate funds aback to the activity On August 12 the Poly Network hacker so far has alternate millions account of ether bags of uni tokens 1032 captivated bitcoins and 96 actor in stablecoins The day above-mentioned afterwards abiding 260 actor in tokens the hacker explained that the Poly Network has able-bodied abundant assets to alpha the accretion appearance

Poly Network Hacker Returns a Number of Defi Tokens

On August 10, Bitcoin.com Account reported on the massive decentralized accounts (defi) drudge that bedeviled the Poly Network project. The cross-chain agreement absent about $611 actor from the advance and the account bound went viral on forums and amusing media. At first, the Poly Network aggregation beatific a bulletin to the hacker in an attack to acquaint with the individual. Furthermore, in the antecedent stages it didn’t assume like the hacker was activity to abet and told the aggregation it “could accept been” a billion-dollar hack.

That black afterward the hack, reports had apparent a aegis accumulation declared Slowmist appear allegation on the declared hacker. Slowmist said it was able to bolt a fingerprint of the hacker back he or she leveraged a almost alien barter declared Hoo.com. After this happened, a few hours later, the hacker sent the Poly Network aggregation $4.7 actor in assorted tokens. By the end of the day on Wednesday, the hacker had beatific $264.7 actor absolute and was actual articulate with the Poly Network aggregation and the white hat hacker.

The hacker noted that the drudge was done for fun and additionally said afterwards a circumlocutory account and abiding millions of dollars in crypto assets, that he or she was tired. The hacker said that the alone does not advantage an email and all communications fabricated accept been onchain. “Disclaimer: I accept never asked for compensation from Poly Network,” the hacker fatigued in an onchain message. The hacker added added:

Hacker Continues to Return Large Fractions of Stolen Poly Network Tokens

On Thursday, the Poly Network hacker alternate a backing of captivated bitcoin (WBTC) and the stablecoin DAI. 1,032 WBTC was returned, alongside 96 actor DAI, 84 actor USDC, and 42,000 UNI. The hacker additionally gave the activity 28,953 ether account over $86 actor at columnist time. Poly Network has been updating the community about the communications amid the hacker and the white hat hacker.

“As our advice with Mr. White Hat is activity on, the actual user assets on Ethereum are gradually transferred to the multisig wallet,” the activity tweeted on August 12. It additionally tweeted addition letter which explained that the aggregation was ambidextrous with a “difficult period” and if they can be patient.

What do you anticipate about the Poly Network defi drudge and how the hacker has been abiding funds aback to the project? Let us apperceive what you anticipate about this accountable in the comments area below.

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