New Delhi: It was reported yesterday that hackers stole more than $600 million in Ethereum and other cryptocurrencies. The hackers did this by breaching the blockchain-based platform Poly Network. Now the hackers are ready to return the money.
For this, the hackers also returned the token, which is an indication that they are surrendering. Apart from this, they are also returning million funds. It is not yet clear what happened to them so suddenly that they agreed to return the cryptocurrency.
It is believed that they are doing this because of the fear of being caught. According to the report, Slowmist and other security researchers tracked identity information such as emails, IP addresses and Chinese cryptocurrency exchanges used by hackers.
If this is true, then hackers are resorting to refunds to avoid criminal charges. The damage may be limited as a result, but it is by far the biggest theft in decentralized finance DeFi. This must have shaken the confidence of those who believe in crypto exchanges.
Engadget has reported about this. Earlier Tom Robinson of analysis firm Elliptic told CNBC that it is very difficult for hackers to cash these cryptocurrencies without any clues. Such an incident can reduce such attacks.
Let us tell you that yesterday hackers stole over $600 million worth of cryptocurrency by breaching the blockchain-based platform Poly Network. In this the most affected cryptocurrency was Ethereum.