News for hackers. Stuff that matters.
Re:Poly Network hacker returns $258M after stealing $600M by leppr on Thursday August 12, 2021 @09:06AM (#28155774)
Using smart contracts doesn't mean you completely forgo human intervention. Blockchains themselves have standardized discretionary escape hatches in the form of hard forks. Nobody except straw-man'ing detractors claim current cryptocurrency systems work perfectly.

Previous relevant comment of mine on the matter of "Code is law": https://news.ycombinator.com/item?id=28132994

Re:Poly Network hacker returns $258M after stealing $600M by jdkfglkjh34 on Thursday August 12, 2021 @01:15PM (#28158892)
It begs mentioning that the ETH/ETC hardfork was a consequence of a theft just like this one.

https://en.wikipedia.org/wiki/The_DAO_(organization)

>In June 2016, users exploited a vulnerability in The DAO code to enable them to siphon off one-third of The DAO's funds to a subsidiary account. On 20 July 2016 01:20:40 PM +UTC at Block 1920000, the Ethereum community decided to hard-fork the Ethereum blockchain to restore virtually all funds to the original contract.[10] This was controversial, and led to a fork in Ethereum, where the original unforked blockchain was maintained as Ethereum Classic, thus splitting the Ethereum blockchain into two branches, each with its own cryptocurrency.