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The Poly Network Hack isn't Over yet, as the Attacker is Delaying the Return of Funds

The Poly Network Hack isn't Over yet, as the Attacker is Delaying the Return of Funds WikiBit 2021-08-17 13:04

The assailant currently says they are thinking about tolerating the $500,000 abundance offered by Poly Network as compensation for returning the assets and utilizing it to pay any other individual who can hack the DeFi site.

  The assailant currently says they are thinking about tolerating the $500,000 abundance offered by Poly Network as compensation for returning the assets and utilizing it to pay any other individual who can hack the DeFi site.

  

  The Poly Network cyberattack adventure has hauled into its second week with the programmer or programmers yet to give the way into the multi-signature wallet expected to finish the full return of the generally $600 million that was taken, except for the $33 million worth of the stablecoin USDT (+0.01%) that was frozen by Tether.

  China-based Poly Network had recently offered $500,000 to the assailant or aggressors as a prize for returning the cash taken on the Binance Smart Chain (BSC), Ethereum, and Polygon stages in what is reasonable the biggest at any point hack of a decentralized money (DeFi) site.

  The hack or programmers recognized getting the offer and at first said they had declined it, however had rather started (and in the end finished) returning the taken assets to a multi-signature wallet set up by Poly Network. The programmer or programmers haven't turned over the last key for the wallet, however.

  In a message presented on the Ethereum blockchain at 1:45 p.m. UTC on Monday, the aggressor, who the Poly Network is calling “Mr. White Hat” yet who some others question is a genuine white cap programmer, said that they were thinking about taking the abundance and utilizing it to remunerate any other individual who can hack the cross-chain stage. A “white cap” aggressor is one who attempts to take advantage of weaknesses in a convention to help uncover and eventually fix bugs or escape clauses in the fundamental code.

  “MONEY MEANS LITTLE TO ME, SOME PEOPLE ARE PAID TO HACK, I WOULD RATHER PAY FOR THE FUN,” the attacker or attackers wrote. “IF THE POLY DONT GIVE THE IMAGINARY BOUNTY, AS EVERYBODY EXPECTS, I HAVE WELL ENOUGH BUDGET TO LET THE SHOW GO ON.”

  “I TRUST SOME OF THEIR CODE, I WOULD PRAISE THE OVERALL DESIGN OF THE PROJECT, BUT I NEVER TRUST THE WHOLE POLY TEAM,” the attacker added.

  “I WILL PROVIDE THE FINAL KEY WHEN _EVERYONE_ IS READY. MY IDEA IS NOT CHANGED, BUT I DO WORRY IT MIGHT BE AN ENDLESS WAR. SO I MIGHT RELEASE IT EARLIER AS LONG IF THE COMMUNITY UNDERSTANDS EVERYTHING.”

  As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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