The biggest event in the age of digital currency. The hackers found 800 million in security, which is Rs 44,52,32,10,000, after finding security flaws. Although they have expressed interest in returning the money. And they have already returned some of that money.
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What happened?
The incident happened on Tuesday. The victim of the cyberattack is Poly Network. The hackers were then asked to return the money on behalf of the company. Instead, the company announced a reward for their money. Although the hackers' team informed, they will not take any money. Because making money is not their goal. Two days later, the poly network regained some of the lost money. According to the latest news, Poly Network has received 340 million worth of cryptocurrencies since yesterday morning.
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According to the Poly Network, they are working to get the full amount back. They said that the whole money will be returned very soon. Tom Robinson, a blockchain expert in London, said: "Some cryptocurrencies are still stored by hackers. Because the transaction of that token has been stopped. ”
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In this regard, he said, it is difficult for blockchain technology to steal cryptocurrencies. In this way, where the money is going from and where it is being deposited will come to everyone's notice. Tom then blames the hackers, arguing that the hackers have understood where the money is being deposited and that they want to return it.
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What is a blockchain?
Blockchain is a lot like a digital statement. Where all transactions in bitcoin or digital currency are recorded.
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Although the controversy began after the announcement of the Poly Network award. According to the BBC, a former FBI official said that private companies have no right to announce rewards for criminals.
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The hacker group said its purpose was to expose security flaws in the poly network. And they seem to have succeeded. They further claimed that the poly network authorities had informed them that they would not be held responsible for the whole incident. Because they behave like white hat hackers.
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