The crypto industry was taken by storm when Poly Network, an interoperable cross-chain platform, revealed that they were attacked. The hacker pulled what turned out to be one of the biggest thefts in DeFi history, at least, that it has been called by the mainstream media. The attacker managed to transfer funds from several blockchains connected by a blockchain agnostic trading pool, O3 Swap. Created by Poly Network and O3 Labs, the platform allows users to interact with Ethereum, Binance Smart Chain (BSC), Polygon, and others. Using an exploit, the hacker took control of $273 million on Ethereum, $253 million on BSC, and $85 million on Polygon. In total, the attacker took over $600 million. However, the Poly Network team reached out to establish a communication channel. The message began with a “Dear Hacker” and appeals to the entity’s consciousness and the well-being of the community. The message worked, as the hacker started to return the stolen funds. pic.twitter.com/Yzw4oDenjC — Poly Network (@PolyNetwork2) August 10, 2021 Data provided by Poly Network claims that they have received around $4 million from the addresses used by the bad actor. In reply, the team told the hacker that things “are moving to the right direction”. So far, we have received a total value of $4,772,297.675 assets returned by the hacker. ETH address: $2,654,946.051BSC address: $1,107,870.815Polygon address: $1,009,480.809 pic.twitter.com/bPFAQk...
