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اردو
After Hacked US$600 million, This Hacker Asked to be A Company Advisor
Abstract：Poly Network had just been hacked and his crypto money was taken by hacker worth more than US$600 million. Instead of solving it legally, the cryptocurrency platform even invited the perpetrators behind the incident to become company advisers.
It did not stop there, Poly Network also promised to give a reward of US $ 500 thousand for the recovery of user funds.
“Expressing our gratitude and encouraging Mr White Hat to continue to contribute to the advancement of security in the Blockchain world together with Poly Network, we cordially invite Mr White Hat to be Poly Networks Chief Security Advisor,” said Poly Network. 18/8/2021).
Previously, Poly Network offered a bounty to hackers amounting to US$500,000, but it was turned down. But on a digital currency transaction on Monday (16/8/2021), the perpetrator said “I am considering taking a bounty as a bonus for public hackers if they can hack the Poly Network”.
Poly Network is also open voice about this matter. The company respects that thought, and continues to express its desire to provide the same amount of gifts at Mr White Hats approved wallet addresses.
“We fully respect Mr White Hat‘s thoughts. And express our gratitude, we will still be sending this US$500,000 gift to Mr White Hat’s approved wallet address. To be used at his sole discretion for cybersecurity and to support more projects and individuals ,” said PolyNetwork.
No Legal Remedies
The startup also stated that it had no intention of holding Mr White Hat legally responsible for his actions.
For your information Mr White Hat is a reference to ethical hackers looking for vulnerabilities and organizational systems that could make them vulnerable to attack. Security researchers question the labeling of Poly Network attackers as White Hat hackers.
The Poly Network hack is considered the biggest cryptocurrency theft of all time. The perpetrators also did something unusual by returning most of the stolen money.
But more than US$200 million in funds is currently locked in accounts that require passwords from Poly Network and hackers to gain access. The reason for the move is unclear, but an anonymous person claiming to be the hacker said they would give away the key when ‘everyone’s ready.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Further Reading
Pepperstone Review 2026: Massive Deposit & Withdrawal Complaints Against This Regulated Broker
Have you experienced issues with Pepperstone deposit & withdrawal processing? From your experience, do you feel that the Australia-based forex broker causes losses to its clients? Did the brokerage entity freeze your account and give you a margin call? All these trading allegations have been rampant on broker review platforms such as WikiFX. This Pepperstone review article takes a close look at the user complaints, especially in 2026. Additionally, we have given an overview of the regulatory framework under which the brokerage entity operates.
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Wundersys vs tradgrip: Two Offshore Newcomers Go Head to Head — and Neither Brings Home a Trophy
Some broker comparisons end with a confident "go with this one." This is not one of them — and that honesty is exactly what makes it worth reading. Wundersys and tradgrip are two young, offshore-registered brokers that keep popping up in front of beginner traders, often through aggressive online marketing. Both promise the usual buffet: tight spreads, generous leverage, multiple account tiers. And both, according to WikiFX, sit near the very bottom of the safety scale. So instead of crowning a champion, this comparison is really about something more useful: learning to read the warning signs, understanding the small differences that still matter, and knowing why "the better of two risky options" is still a conversation about risk.
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The 6 Lowest-Commission Forex Brokers South Asian Traders Are Flocking To in 2026
If you trade forex from India, Pakistan, Bangladesh, Sri Lanka, or Nepal, you already know the quiet truth that eats into every trader's results: it is not just the market that decides whether you profit — it is the cost of getting in and out of each trade. Shave a couple of dollars off your commission on every lot, multiply it across hundreds of trades a year, and you are looking at the difference between a strategy that works and one that bleeds out slowly. South Asian traders are some of the most cost-conscious in the world, and rightly so. So we pulled the data on the brokers most often recommended for the region, cross-checked every name on WikiFX, and ranked them by the one number that matters most here: what they actually charge you to trade. Before the list, one quick lesson that will make this whole ranking click.
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