Over Half of Stolen Fund From Poly Network Hack Now Returned

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More than half of the $600 million+ drained from the Poly Network earlier this week has now been returned.

  • About $342 million had been returned as of 08:18 a.m. UTC (4:18 a.m. ET) Thursday, according to a tweet by Poly Network.

  • The decentralized finance (DeFi) platform, which operates on Binance Smart Chain (BSC), Ethereum and Polygon, was hit by a hack that drained over $600 million in crypto earlier this week.

  • The hacker began returning the funds on Tuesday to wallet addresses across the three chains.

  • The $342 million now returned is made up of $4.6 million to Ethereum, $252 million to BSC and $85 million to Polygon.

  • The $268 million still outstanding is on Ethereum.

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