Someone just perpetrated one of the largest cryptocurrency heists known to date… and appears to be having second thoughts. The Block and CNBC report that a hacker stole about $611 million in Ethereum, Shiba Inu and other digital currencies from the decentralized Poly Network finance platform on August 10th by exploiting a vulnerability. Less than a day later, however, the intruder sent a token indicating they were "ready to surrender" and started returning millions in funds.
It's not completely clear what prompted the change of heart, but the hacker may have been caught. Slowmist and other security researchers reportedly tracked down identifying info, including email, an IP address and the Chinese cryptocurrency exchange the perpetrator used. If so, the 'refund' may have been an attempt to avoid criminal charges.
The damage might be limited as a result. However, this is still one of the largest thefts in DeFi (decentralized finance) history, and comes in a year when there had already been $361 million in such hacks as of July. It might just shake the confidence of those relying heavily on crypto exchanges. If there's any consolation, it's that the very technology exploited during the attack also made it difficult to profit from that attack. As analyics firm Elliptic's Tom Robinson told CNBC, it can be difficult to launder or otherwise cash out cryptocurrency without leaving a trail of clues — incidents like these might discourage attacks.
In light of gold’s flash crash on Monday, some investors may be growing wary about its efficacy as an inflation hedge in the near term. According to J.C. Parets, founder and chief strategist, gold has become one of the worst investments over the past year.
LONDON/SINGAPORE/HONG KONG (Reuters) -Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on Wednesday. Poly Network, a decentralised finance platform that facilitates peer-to-peer transactions, said on Twitter that $260 million of the stolen funds had been returned but that $353 million was outstanding. The company, which allows users to swap tokens across different blockchains, said on Tuesday it had been hacked and urged the culprits to return the stolen funds, threatening legal action.
Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million worth of tokens less than 24 hours later, the company said. WHAT IS POLY NETWORK? A lesser-known name in the world of crypto, Poly Network is a decentralized finance (DeFi) platform that facilitates peer-to-peer transactions with a focus on allowing users to transfer or swap tokens across different blockchains.
This will be Ortiz's first foray into the boxing ring, while Silva won a match in June.
Machine Gun Kelly has shaved his head for his art.
Last week, the D.C. Jewish Community Center became the region's biggest Jewish organization to announce a vaccine mandate for the hundreds of people who come indoors for preschool and various adult programming each week. The mandate, which kicks in Sept. 1, seemed like the obvious Jewish thing to do as the delta variant became more threatening, said chief executive Dava Schub. "If the benefits outweigh the risks, it's the Jewish mandate to follow what will lead to the best outcomes," she said. "
In the battle to curb bad behavior on planes, the Federal Aviation Administration has turned to a modern-day media tool: memes. As part of a public information campaign warning travelers about the penalties for fighting on planes, assaulting flight attendants or refusing to follow flight-crew instructions, the agency has crafted its own somewhat irreverent messages to drive the message home on social media.Subscribe to The Post Most newsletter for the most important and interesting stories from
LAS VEGAS — Inside Courtroom 8A of Las Vegas Justice Court last week, the benches were packed with renters and landlords battling over evictions that continued at a brisk pace despite a last minute, two-month extension of the federal protections meant to keep people in their homes. Vanessa Merryman, 41, was among the tenants ordered to leave her apartment. “I have never been homeless in my life,” she said through tears, slouched on a metal bench outside the courtroom as the scorching Las Vegas s
In two tweets that in total included included just 25 characters, Gable Steveson may have ignited a bidding war between the WWE and the UFC that will secure the 21-year-old’s future.
Pepsi is stepping out of its comfort zone to deliver an entirely new concept to consumers.
California will become the first state in the nation to require all teachers and school staff to get vaccinated or undergo weekly COVID-19 testing, as schools return from summer break amid growing concerns about the highly contagious delta variant, Gov. Gavin Newsom announced Wednesday. The new policy applies to both public and private schools and will affect more than 800,000 employees, including about 320,000 public school teachers and a host of support staff such as cafeteria workers and cleaners, the state Department of Public Health said. Newsom announced the new policy at a San Francisco Bay Area school that reopened earlier this week to in-person classes.
The 2020 Comeback Player of the Year has a new gig months after his NFL retirement.
Majority Leader Chuck Schumer said that while his caucus is diverse in perspective and hard work remains, he trusts they will come together in the end.
The Z Fold 3 supports Samsung's S Pen, offers water resistance and sports a new under display camera. Best of all, it starts at $1,800.
A number of social media users are saying no to a new action-adventure film from Netflix after learning that its white protagonist is headed for an Asian murder spree. What’s it about: “Kate,” which releases on Sept. 10, centers on a “ruthless criminal operative” who was poisoned and left with less than 24 hours to exact revenge on her enemies. Mary Elizabeth Winstead, who received praises for her performance as Huntress in the film “Birds of Prey,” will play the lead role.
New York Lt. Gov. Kathy Hochul laid out her plans for her upcoming term as governor on Wednesday in her first public appearance since Gov. Andrew Cuomo’s resignation, which occurred a week after an investigation concluded he had sexually harassed 11 women.
If you’ve heard anything about Bitcoin, it’s likely been about its price skyrocketing or plummeting. But, for those who are looking to invest long term, there’s a different question that should be asked—what will one Bitcoin be worth in 10 years? Where Bitcoin Is Going For Bitcoin, no prediction is guaranteed, but an interesting vision shared by MicroStrategy CEO, Michael J. Saylor, is that once Bitcoin passes the market cap of gold, around $11T currently, nothing will stop it. Saylor sees Bitco
Many of the long-term repercussions of 9/11 are still with us today — from the wars, government departments and the surveillance state that were started because of it, to the hastily discarded judicial norms and civil liberties. It’s not an exaggeration to say the attack transformed the world, but the physical destruction of the buildings — because of the enormity of the event — demanded to be continually replayed.
Congressman Kevin Brady (R-Tex) says the $1.2 trillion infrastructure bill faces hurdles in the House of Representatives.
The new Marvel 'What If…?' is a show for the die-hard fans.


Por redditxxx