On the evening of August 10, the largest hack in the history of the decentralized finance industry occurred. However, the hacker is ready to return what was stolen from the Poly Network project. At least partially.
Yesterday, $ 611 million worth of cryptocurrencies and tokens were stolen from the DeFi Poly Network project, and the hacker said that he could have stolen more, but is not interested in “shitcoins”. According to him, he is not too interested in money, and is ready to return the stolen goods.
In the morning, the hacker wrote that he could not contact the project representatives, but he needed wallets with multiple signatures for the return of assets. Within 20 minutes, the Poly Network developers answered the hacker and provided him with several addresses for the corresponding blockchains.
So far, the cracker has returned approximately $ 4.5 million worth of tokens. He transferred just over $ 1 million in USDC stablecoins on the Polygon blockchain in three transactions. He also returned 23 wrapped bitcoins – BTCB tokens on the Binance Smart Chain blockchain. In addition, the developers returned $ 2 million in Shiba Inu tokens and $ 600,000 in FEI stablecoins.
Interestingly, a few minutes before the first bounce transaction, the hacker created a token called “Hacker is ready to surrender” and sent it to the address of the project on the Polygon network. The hacker has not yet revealed the motives for his actions.
According to analyst firm CipherTrace, more than 75% of the hacks in the cryptocurrency industry in 2021 were related to decentralized finance projects. DeFi protocols lost more than $ 474 million, and yesterday’s hack of Poly Network was not included in the statistics.
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