Poly Network hacker returns $258M, holds an AMA to explain what happened
So far, $258 million worth of stolen crypto assets have been restored, and the hacker claims to be keeping the remaining cash secure while they negotiate with Poly. Using the Poly Network , the hacker has restored $258 million to the cross-chain DeFi protocol and conducted a question and answer session in which he explained […]
Poly Network hacker makes move to return stolen funds
Following the $600 million hack on Poly Network yesterday, the hacker has stated they will return the stolen cryptocurrency funds and have asked for a secured multi-sig wallet. The Poly Network hacker has stated his willingness to refund the stolen cryptocurrency cash following a large $600 million exploit of the cross-chain protocol Poly Network. The […]
Shark Tank’s Kevin O’Leary joins FTX as a spokesperson, to be paid in cryptocurrency
A multi-year agreement has been reached by Mr. Wonderful to serve as a brand ambassador and spokesperson for FTX. Mr. Wonderful will be compensated in cryptocurrency assets and will have an ownership share in FTX. Kevin O’Leary, the Shark Tank host , has signed on as an official spokesperson for Sam Bankman-FTX Fried’s cryptocurrency exchange. […]
Ethereum supply soars briefly into deflation as gas fees rises
So far, a surge in gas fees and Ethereum burn rates has resulted in the creation of nearly 800 deflationary blocks. Since Ethereum’s London update last week, its potential deflationary features have already been demonstrated in operation on the blockchain, with around 800 “deflationary blocks” having been generated so far. A surge in the Ethereum […]
Hackers stole at least $600M from PolyNetwork
Today, the PolyNetwork interoperability protocol was hacked, at least $600.3 million in stolen funds has been made off with by the assailant. Unknown hackers utilised an exploit in the cross-chain protocol PolyNetwork to remove at least $610 million from three chains in what could be the greatest attack in the history of decentralised finance. PolyNetwork […]