The poly network hacker has shown willingness to return funds which amounts to more than $600-million. The theft was reported earlier and Poly network twitted asking hacker to return fund.
At about 4:00 am UTC on Wednesday, the hacker sent an Ethereum transaction to themselves with transaction message:
READY TO RETURN FUND
In subsequented transaction, hacker asked for a multisig wallet address to return the funds.
Failed to contact the poly. I need a secured multisig wallet from you,
Poly network subsquently replied by sending a ethereum transaction to hacker's address with message:
We are preparing a multisig address controlled by known Poly addresses
The hacker put out another message
It’s already a legend to win so much fortune. It will be an eternal legend to save the world. I made the decision, no more DAO
The attacker subsequently started returning the stolen funds, sending back over $1 million in USD Coin (USDC) on the Polygon blockchain and $2.65 million worth of Shiba Inu and Fei.
The rising popularity of DeFi has made the sector an attractive target for hackers. According to some reports, DeFi protocols have lost about $285 million to hacks and other exploits since 2019.