The world of cryptocurrencies has been in a frenzy because of the biggest digital theft in history. A hacker has stolen over $600 million worth of cryptocurrencies. He said that he just wanted to have fun.
The cryptocurrencies were stolen from Poly Network’s decentralized finance (DeFi) platform. DeFi is currently growing very fast in the cryptocurrency industry.
Poly Network itself is a platform for connecting different blockchains so that they can work together. Blockchain is a digital transaction ledger that is managed by a distributed computer network, not controlled by authorities.
On Tuesday, a hacker exploited a flaw in Poly Network’s code to steal data. According to blockchain security researcher SlowMist, the Polu Network was robbed of more than US$610 million in the attack.
Poly Network then pleaded with the hackers to return the money and, sure enough, almost all of the funds were refunded according to Poly Network.
Hackers: Just Want To Have Fun
In a question and answer embedded in digital currency transactions last Wednesday, a person claiming to be an anonymous hacker explained the reason behind the hack, the action was “for fun.”
The person also gave reasons for returning the funds, claiming: “That was always the plan! I’m not interested in money! I know it hurts when people are attacked, but shouldn’t they learn something from the hack?”
Tom Robinson, chief scientist at blockchain analytics firm Elliptic, said the person who wrote the Q&A was “certainly” the hacker behind the Poly Network attack.
“The messages are embedded in transactions sent from the hacker’s account,” Robinson said. “Only holders of stolen assets can send it.”
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