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

Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDTOn 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 […]

Go to Source

Powered by WPeMatico

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

Poly Network Hacker Says 'In the Defi World Code Is Law’ While Returning Millions in Defi TokensTwo 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 […]

Go to Source

Powered by WPeMatico

Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements

Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hackers Onchain MovementsOn August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker left a fingerprint on the relatively unknown exchange Hoo.com. […]

Go to Source

Powered by WPeMatico

Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash

Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether StashOn 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 […]

Go to Source

Powered by WPeMatico