Poly Network Offers Hacker the Chief Security Advisor Job

Key Points

  • Poly Network, a well-known cryptocurrency platform was hacked last week. The hacker or hackers successfully snitched over $600 million worth of tokens. 
  • However, against all odds, the hacker has returned a major share of the stolen money but is holding onto more than $200 million worth of funds. 
  • Poly Network has come forward and offered the hacker a $500, 000 bounty. In addition, the company has also asked the hacker to become its chief security advisor.

Poly Network, which was a target of a major heist, has offered the chief security advisor job to the hacker behind it. The company said that it will not take any legal action against the hacker, but instead, offer a key job profile. 

Hacker Walks Away With More Than $600 Million

In the first week of August, Poly Network was on the receiving end of a major cyber attack. According to experts, the cyberattack could potentially be the largest heist within the blockchain space. 

The cryptocurrency platform said that it is open to communication with the hacker. Poly Network has named the hacker “Mr. White Hat” suggesting that the hacker may not have any ill-intentions but expose the vulnerabilities in the platform’s security. 

Although the hacker has returned most of the money, the individual still has possession of more than $200 million worth of funds. 

In an attempt to persuade the hacker to return the rest, Poly Network has offered a $500,000 bounty. The crypto platform doubled down its offer when it said that the company will not press any charges against the perpetrator but offer a job at the firm. 

Poly Network said that it has left no stone unturned to understand “Mr.White Hat” and is hoping that the hacker transfers the rest of the money as soon as possible. 

The company re-emphasized that the job offer stands and is confident that the hacker will return complete control of assets to the company and its users. 

More about Poly Network

Poly Network was developed to implement interoperability within various chains to create cutting-edge internet infrastructure. At present, Poly Network has integrated Neo, Ethereum, Zilliqa, Smart Chain, Switcheo, Ontology, and Elrond.

Feature Image Source: rawpixel.com

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency.  At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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