Poly Network Issues Withdrawal Notice to Users After Exploit

Burak Introduces New Layer-2 ‘Brollups’ for More BTC Use Cases

Cross-chain bridge platform Poly Network on July 2, was attacked by a hacker, and the exploit affected 57 crypto assets. This has prompted the network to urge users to withdraw their funds. In a tweet dated July 2, Poly Network confirmed it was the latest victim of decentralized finance (DeFi) exploit after attackers were able […]

Poly network announces a $500,000 bug bounty program

Poly network announces a $500,000 bug bounty program

In the wake of its $600M hack, Poly Network has announced a bounty program worth a total of $500,000 to those who report a bug. PolyNetwork has announced a $500,000 bug bounty program on the Immunefi blockchain in conjunction with a planned security upgrade. The bug bounty system will go live today, August 17, 2021. […]

Poly Network hacker refuses bounty and returns nearly all funds

Poly Network hacker refuses bounty and returns nearly all funds

Still, on the largest DeFi hack story, the hacker has stated that Poly Network offered him a bounty but he has not responded and instead will send back all of their money. The hacker who stole $610 million from the Poly Network cross-chain decentralized finance (DeFi) protocol has returned virtually all of the funds, claiming […]

Poly Network hacker makes move to return stolen funds

Burak Introduces New Layer-2 ‘Brollups’ for More BTC Use Cases

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 […]