Over one-third of the $ 613 million in cryptocurrency stolen from blockchain platform Poly Community has been returned to the ledger, with the hacker saying he did all for enjoyable following one of many largest crypto heists ever.
Roughly a day after it fell prey to the most important heist in crypto historical past by the amount of belongings stolen, Poly Community introduced that the alleged perpetrator, or perpetrators, of the hack returned some $ 260 million in bitcoin, ethereum and polygon tokens flushed out within the assault.
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About $ 353 million in stolen belongings stay lacking as of Thursday night, nonetheless, the platform stated.
$ 260 million (As of 11 Aug 04:18:39 PM +UTC) of belongings had been returned:
Ethereum: $ three.3M
BSC: $ 256M
Polygon: $ 1MThe remainings are $ 269M on Ethereum, $ 84M on Polygon
— Poly Community (@PolyNetwork2) August 11, 2021
The hack despatched ripples throughout the cryptocurrency world, with the notorious Mt. Gox hack of 2014, thought of to be the most important till now, seen to pale compared. The assault on Mt. Gox finally resulted within the trade’s chapter after thieves acquired maintain of bitcoin value $ 450 million on the time.
These behind the Poly Community hack, nonetheless, seemingly heeded the pleas by the platform to return the tokens. Addressing the hackers immediately on Wednesday, Poly Community warned that it was “unwise” of the hackers to aim any additional transactions given the eye they introduced onto themselves and famous that the victims had been “tens of 1000’s” of peculiar members of the crypto group. Poly Community named three addresses for the hackers to dump the stolen cash, which is exactly what they started doing hours later, to the shock of some observers.
The Poly Community hackers have now returned $ four.8m of the ~$ 600m stolen – having despatched a message this morning, embedded in an ethereum transaction: pic.twitter.com/QDuk78qiyC
— Tom Robinson (@tomrobin) August 11, 2021
In an improvised Q&A session held by way of transaction notes, the attacker claimed they wished to show a vulnerability within the platform’s contract calls to “beat any insiders or hackers.” Calling the Poly Community a “respectable system,” the hacker defined that they didn’t need to expose the “bug” to a challenge staff as a result of “anybody might be the traitor.”
The $ 600 million Poly Community hacker has revealed half one in all a "Q&A":#polynetworkhack pic.twitter.com/3y1JQnHe50
— Tom Robinson (@tomrobin) August 11, 2021
They claimed that “saving” the belongings in a safe account was the “solely resolution.” In subsequent messages, the attacker stated that they had been indignant on the community for making them a scapegoat earlier than they’d an opportunity to clarify themselves, and insisted that they’d no intention to launder the cash. “That’s at all times the plan! I am not very enthusiastic about cash,” the attacker stated, claiming they perpetrated the hack “for enjoyable.”
Half three: pic.twitter.com/JqZlB3Lc47
— Tom Robinson (@tomrobin) August 11, 2021
Claiming that their motivation was “to do one thing cool however not dangerous,” the hacker raised much more eyebrows by asking for donations in help of his stunt.
The hacker now seems to be asking for donations – a reward for having returned a number of the stolen funds? pic.twitter.com/Y7g7KQgDRm
— Tom Robinson (@tomrobin) August 11, 2021
Thus far, the attacker has racked up some $ three,500 – a far cry from the $ 613 million value of tokens snatched from the platform.
Poly Community is a transnational decentralized finance platform that operates on the Binance Sensible Chain, Ethereum and Polygon blockchains, connecting them in a single cyber-spot in order that they will minimize out intermediaries, thus making coin transfers simpler and cheaper.
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