Hackers have stolen about $ 600 million in cryptocurrencies from the decentralized finance platform, Poly Network, in what is thought to be the largest theft in the history of the industry.
Poly Network wrote in a letter to the system attacker on Twitter:
"The amount of money you have hacked is the largest in history. The money you have stolen is from tens of thousands of members of the crypto community ... You need to talk to us to find a solution."
After the hacking, Poly Network created several addresses at which it said the attacker could return the money. And it looks like the hacker is collaborating: As of 7:47 a.m. Wednesday, the company said it had taken back about $ 4.7 million.
According to blockchain forensic firm Chainanalysis, the attacker hacked "for fun" and "took the attack more as a challenge."
"I take responsibility for exposing weakness before it is hidden and exploited by insiders!" wrote the hacker.
Regulators have increased their control over crypto platforms as investors pour billions of dollars into digital currencies. U.S. Senator Elizabeth Warren recently called for an investigation into the ability of government institutions to oversee the crypto platform market. Experts continue to be of the opinion that "for now, investors using these platforms are not adequately protected".
Source: CNN
