The hacker involved in one of the biggest decentralized finance (DeFi) exploits in history is copping to the heist and returning the more than half-a-billion-dollar sum.
The cross-chain swapping DeFi tool Poly Network, which was recently hacked by a pseudonymous attacker known as Mr. White Hat, announced on Twitter that they are working with the thief to retrieve all funds lost in the recent attack on their network.
Poly Network says that all the funds have yet to be returned, but the team is communicating with Mr. White Hat to “receive the final key.”
At time of publishing, $342 million of the stolen assets have been returned to Poly Network. The remaining lost funds are worth $268 million on the Ethereum network.
As Poly Network works to gather the lost funds, Mr. White Hat is agreeing to be interviewed.
The thief told an interviewer this week that they performed the attack on the DeFi project “for fun” and that “cross chain hacking is hot.”
Hacker hacked “FOR FUN :)” and “CROSS CHAIN HACKING IS HOT”
0x1fb7d1054df46c9734be76ccc14fa871b6729e33b98f9a3429670d27ec692bc0 pic.twitter.com/lX6u9fe3ki
— harry.eth (@sniko_) August 11, 2021
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The post Hacker Claims $600 Million in Stolen Crypto Will Be Returned, Poly Network Says Final Key Must Be Turned Over appeared first on The Daily Hodl.
