The recent decentralized finance breach that exploited the Poly Network protocol has enthralled the crypto world. The hack’s aftermath was covered by Bitcoin.com News, which detailed how the Hacker began to troll the project with on-chain remarks. In addition, Chainalysis, a blockchain surveillance business, published an in-depth report on what it observed during its investigation on Wednesday.
The Hacker took ETH, WETH, WBTC, UNI, RENBTC, USDT, USDC, DAI, SHIB, FEI, BNB, and several BEP-20 tokens, according to Chainalysis. Bitcoin.com News recently reported how the organization Slowmist claimed to have discovered some of the fingerprints. Slowmist’s findings were corroborated by Chainalysis before the returning around $4.7 million in assets. According to Slowmist, the Hacker used Hoo.com to obtain an email address and accompanying IP address.
The Hacker chose to use the relatively unknown crypto trading platform, according to Chainalysis. The blockchain monitoring firm published a Chainalysis Reactor graph, which reveals how the got started. In addition, the has been in contact with the Poly Network team and an unidentified white hat Hacker. The has repeatedly stated that the guy has salvaged the project while repaying fractions of the monies. There was also a brief Q&A, during which the noted that cross-chain hacking is widespread and that they were doing it for pleasure.