2023-7-5 19:11 |
MetisDAO, the official entity overseeing the Metis ecosystem, has issued a warning regarding the validity of transactions involving METIS tokens following the recent Poly Network exploit. origin »
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Cross-chain protocol Poly Network said its services would remain temporarily suspended after a hacker exploited 57 crypto assets on ten blockchains, including Ethereum (ETH), BNB Chain, Polygon (MATIC), Avalanche (AVAX), Metis, Optimism (OP) and others on July 2.
Quick Take The current profit rate for Bitcoin’s circulating supply signals a healthy outlook for the cryptocurrency’s future. With 15,079,000 coins – approximately 79% of the circulating supply – now worth more than when they last moved, Bitcoin investors are witnessing substantial profitability.
Decentralized finance protocol Poly Network relaunched with a bug bounty program with a total pool of $500,000 to reward white hats and security researchers that discover and report bugs on the protocol.
The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds.
The crypto market has been rocked by the news of what might be the biggest DeFi hack in history. On August 10th, the exploitation on the Poly Network saw the hacker(s) make away with more than $600 million in crypto.
Following yesterday’s multi-platform hack, the hacker has returned over a million dollars of stolen crypto back to the network. The post Poly Hacker Returns Over a $1M in Crypto appeared first on BeInCrypto.