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Poly Hacker Prolongs Return of Funds, Offered Position of Chief Security Advisor


Supply: Adobe Inventory / Grenar

The largest decentralized finance (DeFi) hack, of interoperability protocol Poly Community, with roughly USD 600m stolen is just not over simply but, because the attacker has not but offered the ultimate key of the multisignature pockets, stating that they’ll present it “when everybody is prepared.” Nonetheless, the attacker has been supplied a major place on the staff.

Within the newest growth of the saga, the Poly Community staff stated that it has accomplished the second section of its “Mainnet Improve” and maintained fixed communication with the hacker. The staff behind the protocol has supplied whom they name “Mr. Whitehat” to turn out to be the undertaking’s Chief Security Advisor as a response to his safety and total growth technique considerations.

“To increase our thanks and encourage Mr. White Hat to proceed contributing to safety development within the blockchain world along with Poly Community, we cordially invite Mr. White Hat to be the Chief Security Advisor of Poly Community,” the staff stated, whereas additionally reiterating the assertion that the attacker can be free to make use of USD 500,000 bounty at their very own discretion with none authorized repercussions in any respect.

After a silent weekend, the attacker continued to go away messages and reply questions embedded within the Ethereum transactions.

Notably, after initially refusing to take the USD 500,000 white hat bounty, the attacker seems to have modified their thoughts and is now contemplating to take the cash from the Poly Community as a reward for different public hackers if they will hack the community.

Within the hacker’s personal phrases:

“MONEY MEANS LITTLE TO ME, SOME PEOPLE ARE PAID TO HACK, I WOULD RATHER PAY FOR THE FUN. I AM CONSIDERING TAKING THE BOUNTY AS A BOUNUS FOR PUBLIC HACKERS IF THEY CAN HACK THE POLY NETWORK. (THEY CAN WIN DOUBLE IF THEY FEEL THE CURRENT PLAN IS AWKWARD).”

Apart from, the tone of communication appears to have become a extra demanding one, because the attacker said that the Poly Community’s bounty is “imaginary” and in case the hacker doesn’t get it, they’ve ample price range to make “the present go on,” saying:

“IF THE POLY DON’T GIVE THE IMAGINARY BOUNTY, AS EVERYBODY EXPECTS, I HAVE WELL ENOUGH BUDGET TO LET THE SHOW GO ON. JUST SOME FUNNY THOUGHTS BUT I MAY PROBABLY MAKE THEM COME TRUE. IF YOU ARE STILL CONFUSED, ASK SOME RICHER FRIENDS, WHAT IS MONEY FOR?”

Then they added:

“WHO DO YOU THINK IS DOMINATING THE GAME?”

In response to the messages, the Poly Community staff has launched a separate USD 500,000 bug bounty program in partnership with Immunefi, a bug bounty platform for good contract vulnerabilities.

The announcement states {that a} profitable vital vulnerability disclosure can be rewarded with USD 100,000, and the overall bounty pool consists of half 1,000,000 {dollars}. Apart from, the Poly Community released a safety roadmap to assist “restore person belief” within the protocol.

“With the goal of guaranteeing full, secure, and clean asset restoration, we wish to briefly share Poly Community’s roadmap for resuming operations and absolutely recovering person belongings within the coming phases,” the staff wrote.

At pixel time, the attacker has despatched almost all taken funds into the multisignature tackle created by the Poly Community staff, with the exception of 33.2m USDT frozen by the Tether community.

However, they’re but to supply their key required to finish the return of the funds. Within the message, they said that they do belief some of the Poly Community’s code, however not the entire Poly Workforce, including that they’re assured of the staff’s need and functionality to get well and safe the undertaking which he described as “a sturdy system.”

“MY ONLY CONCERN IS THAT THE POLY CHAIN, THE CORE PART OF THE NETWORK IS NOT VERY DECENTRALIZED, AND THAT IS NOT SOMETHING I CAN CONTRIBUTE TO. MAYBE I AM WRONG,” stated the hacker.

They additional expressed shock that the Poly Community staff known as themselves “skilled negotiators” and stated that they’ll “present the ultimate key when _everyone_ is prepared,” concluding that:

“I MIGHT RELEASE IT EARLIER AS LONG IF THE COMMUNITY UNDERSTANDS EVERYTHING.”

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Study extra:
‘Shall We Play a Game’, Asks Poly Network Hacker Upon Returning the Funds
Poly Network Exploiter Starts Returning the Funds, Asks For Donations

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Written by CryptoMoonPicks

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