“Poly Network has no intention of holding Mr. White Hat legally responsible,” said the team.
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“Poly Network has no intention of holding Mr. White Hat legally responsible,” said the team.
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There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.”
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The security company has now raised $61 million in two months and over $70 million since inception. Coatue Management, Shunwei Capital and Coinbase Ventures are among CertiK’s early backers.
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The United States is offering crypto assets to incentivize white-hat hackers to uncover state-sponsored actors and potential terrorists on the dark web.
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“We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered,” said Syedur Rahman.
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“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.
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CipherBlade is conducting an investigation into the hack, and has identified a Binance account associated with the attacker.
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The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet.
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Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses.
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