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Poly Network
‘Happy Ending’ to DeFi’s Largest Hack
The attacker who hacked more than $600 million from the China-based Poly Network platform has released the private key for the remaining $141 million of the stolen cryptocurrency, putting a "happy ending" to the weeks-long saga. "The Hash" hosts discuss the key takeaways from the largest hack in decentralized finance (DeFi) history as it comes to an end.
Poly Network Hacker Releases Private Key for Remaining Looted $141M
In a note to the Poly Network team, the attacker referred to the saga as "one of the most wild adventures in our lives."
Poly Network Attacker Threatens to Delay Return of Funds, Holds $141M Hostage
Poly Network, the China-based blockchain protocol exploited earlier this month for more than $600 million, sent a bounty worth nearly $500,000 to the attacker. Most of the looted cryptocurrency has been recovered, but the attacker has yet to provide a key needed to unlock the remaining $141 million. "The Hash" team unpacks the new twist in the ongoing saga surrounding the largest DeFi hack in crypto history and where Poly could head next.
Poly Network Sends Bounty as Attacker Holds $141M Hostage
Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
Poly Network Attacker Threatens to Delay Return of Funds
"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
Poly Network offers hacker a job. Hong Kong-based BIT Mining sees revenue surge. And an NFT fund offers care packages for displaced Afghan families. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines
Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.
Poly Network Hacker Prolongs Return of Stolen Funds
The hacker behind the Poly Network cyberattack has yet to complete the total return of the roughly $600 million stolen and is also reconsidering accepting Poly’s $500,000 “Bug Bounty” reward to pay anyone who can hack the DeFi site.
The Poly Hack and Crypto's Trust Issues
In crypto, you shouldn't have to ask who you can trust. But as the Poly Network hack and its resolution have showed, you absolutely do.
India Crypto Bill Awaits Approval, Poly Network Hack Saga Continues
India’s finance minister says long-delayed crypto bill awaiting cabinet approval. Microsoft unveils Argus' anti-piracy plans. Poly Network hack saga rumbles on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."