Poly Network hackers appear ready to return stolen funds

After a large $ 600 million mining of the Poly Network cross-chain protocol, Poly Network hackers have introduced their willingness to return stolen crypto funds.

At round 4:00 UTC on Wednesday, the hacker despatched an Ethereum transaction to himself, saying he was “ready to return the money” in an embedded transaction message.

In a follow-up message, the hacker requested the multisig pockets handle so as to return the cash to Poly Network. “Can’t contact Poly. I need a secure multisig wallet from you, ”remarked the hacker.

Poly Network Twitter account sent An update on Wednesday provided three separate wallet addresses aimed at hackers who were sending stolen funds back to the network. “We’re making ready a multisig handle that might be managed by identified poly addresses,” Poly Network a notice in a message embedded in an Ethereum transaction to the hacker address.

Cross-chain development project O3 Labs believes the person behind Poly Network’s massive DeFi mining (DeFi mining) could be a white hat hacker.

This hacker can be of the white hat type. Let’s see. https://t.co/Y7jJykWSmS

– O3Labs (@ O3_Labs) August 11, 2021

Related: ‘White Hat Hacker’ can mine THORChain for $ 8 million, suggests 10% bonus

“Having so much wealth is already a legend. It will be an eternal legend to save the world. I have made the decision to no longer have DAOs, ”said another message from the hacker.

Poly Network suffered massive mining frenzy on Tuesday as assets were removed from Ethereum, Binance Chain and the Polygon Network. At $ 600 million, the attack was the largest DeFi exploit to date.

DeFi’s growing popularity has made the sector an attractive target for hackers. According to an April report by crypto research firm Messari, DeFi logs have lost around $ 285 million to other attacks and exploits since 2019.