Technology
Anonymous hacker returns stolen cryptocurrency worth $600 million
Washington: An anonymous hacker, who stole more than $600 million from the decentralized finance platform Poly Network this week, has returned all of the money to the firm.
Washington: An anonymous hacker, who stole more than $600 million from the decentralized finance platform Poly Network this week, has returned all of the money to the firm.
According to details, the hacker not just returned the money but also refused to take the half-million-dollar reward offered by the company for exposing its security issues.
In a message posted to Twitter on Thursday, Poly Network termed the hacker as "Mr. White Hat” and confirmed that he has returned all of the stolen funds.
Mr. White Hat is a term that refers to an ethical hacker who points out the security vulnerabilities of a company.
The money has been deposited to an account that requires both the company and the hacker to manage jointly.
"To ensure the safe recovery of user assets, we hope to maintain communication with Mr. White Hat and convey accurate information to the public," Poly Network said.
The company also extended gratitude towards the hacker and asked for his continued contributions to industry security.
Courtesy: CNN