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1 posted on 08/12/2021 9:20:45 AM PDT by dennisw
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To: dennisw

CONTINUED HERE>>>

“We call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from the above addresses,” the team pleaded.

And it appears that at least a small amount of the funds have been returned. Poly Network posted on Twitter “you are moving things to the right direction” and said that it had received more than $1m back.

A little later it posted again saying: “So far, we have received a total value of $4,772,297.675 assets returned by the hacker. ETH address: $2,654,946.051 BSC address: $1,107,870.815 Polygon address: $1,009,480.809.”

According to Poly Network, “the hacker exploited a vulnerability between contract calls, exploit was not caused by the single keeper as rumored.”

Per Wall Street Journal’s MarketWatch, the CTO of stablecoin company Tether, Paolo Ardoino, said the company froze $33 million of its tokens lost in the Poly Network attack.

The hackers stole about $267m of Ether, $252m of Binance coins, and $85 million in USDC tokens.

Changpeng Zhao “CZ”, chief of the giant Binance crypto-exchange, said on Twitter that it was aware of the Poly Network attack and noted that there was not much the company could do about it.

“While no one controls BSC (or ETH), we are coordinating with all our security partners to proactively help. There are no guarantees. We will do as much as we can,” he wrote.

SEE: Attacks on critical infrastructure are dangerous. Soon they could turn deadly, warn analysts


2 posted on 08/12/2021 9:21:53 AM PDT by dennisw
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To: dennisw

In the words of Daffy Duck “It is to laugh.”


3 posted on 08/12/2021 9:28:22 AM PDT by babble-on
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To: dennisw

Cryptocurrencies can be stolen, tracked, frozen ...


4 posted on 08/12/2021 9:28:49 AM PDT by TexasGator (UF)
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To: dennisw

I thought the whole reason behind so-called ‘crypto-currencies’ was that they were safe from hackers!..................


5 posted on 08/12/2021 9:30:41 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; battletank; ...

PING!

If anyone would like to apply for membership in the FR Crypto Group, pm me. I’ll nominate you. It’s all very mysterious.


6 posted on 08/12/2021 9:35:57 AM PDT by aMorePerfectUnion (“Fraud vitiates everything.” )
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To: dennisw

you will be pursed.
***Doesn’t sound like either side is taking this seriously.


11 posted on 08/12/2021 9:46:57 AM PDT by Kevmo ( 600 political prisoners in Washington, DC. You cannot comply your way out of tyranny.)
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To: dennisw

Oops.


12 posted on 08/12/2021 9:48:27 AM PDT by glorgau
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To: dennisw

This must be fake news.

I’ve had several Freepers tell me such a thing is impossible.

Inconceivable!!!!


16 posted on 08/12/2021 10:05:31 AM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: dennisw

Hackers stole tulip bulbs.
https://www.bbc.com/culture/article/20160419-tulip-mania-the-flowers-that-cost-more-than-houses

https://en.wikipedia.org/wiki/Tulip_mania


18 posted on 08/12/2021 10:12:57 AM PDT by minnesota_bound (I need more money. )
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To: dennisw

Yeah, but they have started giving it back (apparently after one of them got located). https://www.cnbc.com/2021/08/11/cryptocurrency-theft-hackers-steal-600-million-in-poly-network-hack.html


20 posted on 08/12/2021 10:42:24 AM PDT by Retrofitted
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