Hackers begin returning funds from sensational $600m crypto heist
Source: Yahoo! Finance
Hackers begin returning funds from sensational $600m crypto heist
Lucy Harley-McKeown
Wed, August 11, 2021, 7:09 AM
Hackers have started to return part of a $610m haul of stolen cryptocurrencies, in what appears to be a stunning reversal of one of the biggest ever crypto heists.
News broke on Tuesday that hackers had stolen around $610m from Poly Network, a blockchain protocol which helps link blockchains together.
About $267m of ethereum (ETH-USD), $252m of Binance coin (BNB-USD) and roughly $85m in USDC tokens were taken, according to wallet addresses posted on Twitter. Looters apparently exploited a vulnerability in Poly Network's systems to make off with the funds.
The hack is thought to be one of the largest ever in crypto, trumping the $530m heist at Tokyo-based bitcoin exchange Coincheck in 2018.
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Read more: https://finance.yahoo.com/news/cryptocurrency-poly-network-hackers-return-funds-defi-ethereum-110935552.html
bearsfootball516
(6,377 posts)"IT'S ALREADY A LEGEND TO WIN SO MUCH FORTUNE. IT WILL BE AN ETERNAL LEGEND TO SAVE THE WORLD"
Buddy, I don't think you realize that you're still facing jail time. If you rob a bank, then go back a week later and hand the money back, they don't say "We're all good!"