A hacker who stole about $ 610 million worth of cryptocurrency from PolyNetwork earlier this month returned the last slice of stolen money to the company.
The platform has confirmed that it has successfully acquired everything except $ 33 million.
“Now, Poly Network has regained control of $ 610 million (excluding the frozen $ 33 million USDT) of assets that were totally affected by the attack, thanks again to Mr. Whitehat. To do [the hacker’s name for themselves] To keep his promise, and to the community, partners, and multiple security agencies to support them, “the company said.
Cryptocurrency robbery (believed to be the largest in history) occurred earlier this month when hackers broke into the decentralized finance (DeFi) platform Poly Network and stole more than $ 600 million in various cryptocurrencies. bottom.
The attacker claimed that a security flaw in Poly Network’s system could allow money to be sent to another account. They said their purpose was to uncover security vulnerabilities before they could be exploited by “insiders.”
“Polynetwork is a decent system. It’s one of the most challenging attacks that hackers can enjoy. I needed to quickly defeat insiders and hackers.”
After identifying the attack, the platform urged the crypto exchange to block the funds acquired. He also demanded that hackers return the stolen funds.
In a strange twist of the event, the hacker actually did it-opening a dialogue with PolyNetwork instead of running away with revenue.
By 11 o’clockNS In August, hackers returned $ 256 million on Binance Smart Chain, $ 3.3 million on Ethereum, and $ 1 million on Polygon, but are short on $ 269 million on Ethereum and $ 84 million on Polygon. ..
The company also asked hackers to return the remaining funds and promised to give them a $ 500,000 bounty to help find security vulnerabilities in the system.
Polynetwork even suggested to hackers to act as the company’s top security advisor.
“We would like to express our gratitude and sincerely invite Mr. Whitehat as Chief Security Advisor to Polynetwork to encourage him to continue to contribute to security advances in the blockchain world with Polynetwork.” The company said in a statement. ..
“I’m not going to hold White Hat legally liable,” Pori said of the hack.
In a blog post on Monday, the company returned most of the money the hackers stole, but over $ 200 million of assets were locked into accounts that required private keys from both the company and the hackers to access. Said that.
For a while,’Mr. White Hat’refused to hand over the private key, but eventually shared the key and the platform regained control of the remaining assets (28,953 Ethereum and 1,032 Rap Bitcoin, worth about $ 141 million). Decided to be able to.
Polynetwork is currently in Phase 4 of the Asset Recovery Roadmap, working to “return complete asset management to users as quickly as possible.”
“Once all assets have been successfully restored, Poly Network will gradually resume cross-chain functionality for all assets, along with other features, subject to full security checks.”