Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.
The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.
Another day, another DeFi hack.
First came the attack. Then came the moochers.
Latest exploit cost the blockchain protocol $8 million.
Thorchain told CoinDesk a hacker deployed a custom contract that was able to trick the Bifrost into receiving a deposit of fake assets.
The stablecoin's value drops to zero.
The attacks marks yet another exploit of a BSC-enabled DeFi protocol.
The attack exploited Rari Capital’s integration with Alpha Finance Labs’ ibETH token.
The activity was first noticed in November, according to the report.
The decentralized finance platform said it expects $1.88 million of the stolen funds to be returned.
The exploiter used a fake contract to trick the dapp into thinking it was an Aave v2 update.
“Attacker got away with 2.8m, dai vault lost 11.1m,” a Yearn Finance developer posted in Discord.
Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.