Hackers have started to return part of a $610m haul of stolen cryptocurrencies, in what appears to be a stunning reversal of one of the biggest ever crypto heists.
News broke on Tuesday that hackers had stolen around $610m from Poly Network, a blockchain protocol which helps link blockchains together.
About $267m of ethereum (ETH-USD), $252m of Binance coin (BNB-USD) and roughly $85m in USDC tokens were taken, according to wallet addresses posted on Twitter. Looters apparently exploited a vulnerability in Poly Network’s systems to make off with the funds.
The hack is thought to be one of the largest ever in crypto, trumping the $530m heist at Tokyo-based bitcoin exchange Coincheck in 2018.
Poly Network posted a letter on Twitter pleading for communication with the hackers and urging them to return the assets. It called the theft “one of the biggest in the DeFi history”, referring to the decentralised finance space Poly Network operates in.
“Law enforcement in any country will regard this as a major crime. and…
