Poly Network announces the latest progress of the attack: USDC asset recovery is complete, USDT unlock processing method has been confirmed

 




According to official sources, the Poly Network team announced the latest progress of the attack, as follows: 1. USDT unlocking issue. We hope to clarify the progress of unlocking USDT assets to the public. In order to ensure the transparency of information, we have compiled our actions related to USDT assets, hoping to reduce doubts. We have been maintaining close communication with Tether and followed up with Tether’s standard process. Tether confirmed the final processing method with us on the evening of August 19th. 2. The recovery of USDC assets is complete. We have completed the conversion between the 96,942,063 DAI and USDC returned by Mr. White Hat before 0:00 (UTC) on August 23 as stated in the previous announcement. At the same time, we have converted 87,557,051 BUSD on the BSC into USDC (BEP- 20). Currently, user USDC asset comparison and asset restoration have been completed. The Poly Network team has used its own funds to compensate for the slippage loss and handling fees incurred in the transaction. Poly Network has done its best to complete the USDC asset recovery work in the fastest time. Please pay attention to the O3 Swap announcement for the specific opening time of the USDC cross-chain transaction pool. 3. The recovery of cross-chain bridge services. Poly Bridge has added cross-chain functions to restore the following assets, including: $BLES, $CFB, $DAI, $DFC, $ETH, $PRY, $SBC, $USDC, $USDT, $WBTC. Up to now, Poly Bridge has restored the cross-chain function of a total of 54 assets. For security reasons, Poly Bridge will gradually open up asset cross-chain services for various assets. After the project party has applied for and successfully tested, users can freely conduct cross-chain transactions of the asset.

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