CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Poly Network

Poly Network Hack Not Over as Attacker Prolongs Return of Funds

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.

By Nelson Wang

Aug 16, 2021 at 7:31 p.m. UTC

Aug 16, 2021

CrimeEthereumHackDeFiExploitsPoly Network

Market Wrap: Ethereum Keeps Burning and Price Is Hot

The largest cryptocurrency by market value was trading close to its highest level in more than two months

By Bradley Keoun Frances Yue

Aug 13, 2021 at 8:28 p.m. UTC

Aug 13, 2021

EthereumBitcoinBitcoin PriceCardanoDeFiMarket WrapEIP 1559Hermez NetworkPolygonPoly Network

Poly Network Hacker Returns Most of Stolen Funds, Refuses $500K Reward

The attacker behind the Poly Network hack who drained the decentralized finance (DeFi) platform of over $600 million in crypto has returned most of the stolen funds. Poly offered a $500,000 “Bug Bounty” reward to the hacker for returning the funds, but the hacker declined.

By CoinDesk Staff

Aug 13, 2021 at 5:38 p.m. UTC

Aug 13, 2021

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Video

Nfts

Poly Network Mostly Recovers Stolen Assets, Rario Launches Cricket NFT Platform

Poly Network says stolen assets are mostly returned. Samsung reportedly joins South Korea CBDC pilot. Indian-founded Rario launches cricket NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

By CoinDesk Staff

Aug 13, 2021 at 2:29 p.m. UTC

Aug 13, 2021

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Markets

Inflation

Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal

Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.

By Bradley Keoun Frances Yue

Aug 12, 2021 at 8:45 p.m. UTC

Aug 12, 2021

InflationBitcoinHackBitcoin PriceEtherCryptocurrency MarketsMarket WrapEther MiningPoly Network

Markets

Hacking

$600M Poly Heist Shows DeFi Needs Hackers to Become Unhackable

If computers will continue to do more important things, we'll require those programs to be secure. Learning what not to do is one way there.

By Daniel Kuhn

Aug 12, 2021 at 5:07 p.m. UTC

Aug 12, 2021

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Video

Dogecoin

Poly Network Assets Returned, OKEx Lists Baby Doge

Poly Network returns stolen assets. Indian women lead the charge in crypto exchange account sign-ups. OKEx lists Doge memecoin spin-off Baby Doge. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

By CoinDesk Staff

Aug 12, 2021 at 2:49 p.m. UTC

Aug 12, 2021