Hackers behind one of the biggest ever digital coin heists have now returned nearly all of the $610 million-plus they stole, Poly Network, the cryptocurrency platform targeted earlier this week by the attack, said on Thursday.
as a "white hat," referring to ethical hackers who generally aim to expose cyber vulnerabilities, upon the return of the funds.transferredThe only remaining tokens yet to be returned are the $33 million in tether stablecoins frozen earlier in the week by cryptocurrency firm Tether, Poly Network said."The repayment process has not yet been completed. To ensure the safe recovery of user asset, we hope to maintain communication with Mr.
Poly Network, which allows users to transfer or swap tokens across different blockchains, said on Tuesday it had been hit by the cyberheist, urging the culprits to return the stolen funds.The still as yet unidentified hacker or hackers appear to have exploited a vulnerability in the digital contracts Poly Network uses to move assets between different blockchains, according to blockchain forensics company Chainalysis.
At $600 million, however, the Poly Network theft far outstripped the record $474 million in criminal losses that were registered by the entire decentralized finance sector from January to July, according to crypto intelligence company CipherTrace.
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