Poly Network news and trends

PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t

January 20, 2022
Poly Network Hacker Returns $610M In Stolen Crypto
Security & Fraud // August 23, 2021

Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the remaining funds, according to a Monday (Aug. 23) announcement from the company. The so-called “white-hat” hacker, which was identified by...

Poly Network Thanks ‘White Hat’ Hacker/Hackers With $500K Reward
Security & Fraud // August 13, 2021

Cryptocurrency platform Poly Network on Friday (Aug. 13) thanked the so-called “white hat” hacker or hackers who seemed to exploit a vulnerability in the company’s digital contracts and execute a $610 million hack by offering a $500,000 “bug bounty,” according to Reuters. Poly Network’s statement...

Crypto Platform Poly Network Says Hacker Returned Much Of Taken Funds
Security & Fraud // August 12, 2021

The hacker or hackers behind the theft from Poly Network, which facilitates peer-to-peer (P2P) transactions, have now returned almost all the $613 million they stole, Reuters reported, as they claim they always intended to do. The theft was one of the largest reported of cryptocurrency,...

Poly Network Hackers Return Half Of Stolen $613M
Security & Fraud // August 12, 2021

A group of hackers who carried out what is believed to be the largest cryptocurrency heist on record have returned more than half of the money they stole. According to Reuters, the decentralized finance (DeFi) protocol Poly Network reported on Thursday (Aug. 12) that $342...

Quick Reads
Poly Network Hacker Returns $610M In Stolen Crypto

August 23, 2021
Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the remaining funds, according to a Monday (Aug. 23) announcement from the company. The so-called “white-hat” hacker, which was identified by Poly Network as “Mr. White Hat,” had exploited a vulnerability […]

Poly Network Thanks ‘White Hat’ Hacker/Hackers With $500K Reward

August 13, 2021
Cryptocurrency platform Poly Network on Friday (Aug. 13) thanked the so-called “white hat” hacker or hackers who seemed to exploit a vulnerability in the company’s digital contracts and execute a...

Crypto Platform Poly Network Says Hacker Returned Much Of Taken Funds

August 12, 2021
The hacker or hackers behind the theft from Poly Network, which facilitates peer-to-peer (P2P) transactions, have now returned almost all the $613 million they stole, Reuters reported, as they claim...

Poly Network Hackers Return Half Of Stolen $613M

August 12, 2021
A group of hackers who carried out what is believed to be the largest cryptocurrency heist on record have returned more than half of the money they stole. According to...