Connect with us

Hi, what are you looking for?

Economy

They started returning $600 million stolen from cryptocurrency

They started returning 0 million stolen from cryptocurrency

One of the biggest cryptocurrency heists in history has taken an unexpected turn. After it was revealed that hackers had stolen more than $600 million worth of cryptocurrency, the thieves began returning the funds the next day.

When it turned out that a hacker or hacker, Origo wrote, owned more than $600 million in cryptocurrency they stole, taking advantage of a vulnerability in a platform called Poly Network, a very strange moment in the case also received attention, if not immediately. The company indicated that it is trying to contact the perpetrators so that they can return the stolen money.

And now it looks like it was the result. By Wednesday, the thief had returned $260 million in cryptocurrency, or nearly half of the total. He then posted a message from the hacker behind the action stating that he “isn’t really interested in the money” and returns what he stole, he wrote BBC. This, at present, does not appear to have been organized crime, but – perhaps – there was only one intruder behind the robbery, although this remains unconfirmed.

Hackers have begun to forward stolen cryptocurrencySource: Shutterstock

By the way, Poly Network is a decentralized financial platform that allows you to work between block chains (individual ledgers) behind many cryptocurrencies.

The hacker has now announced that his original plan was to return the stolen tokens. Its purpose was simply to highlight weaknesses in the Poly network. Regardless, the authorities will likely do everything in their power to find the culprit.

See also  Top speed test of the Audi S3 that ended at the stop line

While the issue may still take silly turns these days, it is clear that the vulnerabilities of the cryptocurrency-related platforms are very risky. This is also evidenced by the significant increase in cryptocurrency crime involving decentralized financial platforms in recent months.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

Top News

Given the differences in styles with next-generation consoles, the so-called “console war” between Sony and Microsoft is arguably moot. Most console players, however, will...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2024 Campus Lately.