There would be no guarantees that the perpetrator of the attack wiould return all of the stolen funds. The analysis firm SlowMist determined the vulnerability of the DeFi Poly Network that was exploited by the hacker. Now the Poly Network Hacker had returned more than US$256 Million in Cryptocurrency.
Day: August 11, 2021
The decline in ether inventories has been steady since May 2020 while there are over 6.6 million Ether locked in Ethereum 2.0 contracts. The 9% Ether supply is the lowest since 2018. The Eth price is steadily increasing after the London hard fork.
Defi Poly Network Protocol hacked and called on exchanges to “blacklist” the tokens after the attack. Being a protocol that involves several blockchains, the figure could be higher. The US$600 million is one of the worst blows to decentralized finance platforms.