Interoperability platform PolyNetwork has begun the recovery process to restore funds that were lost when a hacker exploited the network’s smart contracts to siphon out some $610 million.
This was the largest crypto heist the world has ever seen.
A PolyNetwork team member reported yesterday that the attacker shared with them a private key to a wallet containing the remaining funds. The project used this address to retrieve the remaining $141 million worth of crypto, comprising 28,953 Ethereum and 1,032 Wrapped Bitcoin.
Wrapped Bitcoin is an Ethereum-based token that is pegged to the price of Bitcoin.
The only funds remaining unreturned are the $33 million USDT that Tether froze shortly after the attack.
. @Tether_to just froze ~33M $USDt on 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963 as part of the #PolyNetwork hack https://t.co/EviPTAkQJD
— Paolo Ardoino (@paoloardoino) August 10, 2021
PolyNetwork is confident the unfreezing will happen quickly, stating, ”We hav
Źródło: https://decrypt.co/79307/polynetwork-make-affected-users-whole-resume-functionality
