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Blockchain security firm identify hackers who stole $600 million in cryptocurrency

Keep up with the business and financial stories that matter in the technology industry across emerging markets globally, curated by the Techloy News team.

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by Techloy
Blockchain security firm identify hackers who stole $600 million in cryptocurrency
Photo by Azamat E / Unsplash

Welcome to The Draft, a Techloy series that highlights the most interesting business and financial stories in the technology industry across emerging markets globally. Curated by the Techloy News team.


  • The hackers who reportedly stole around $600 million in cryptocurrency from the Poly Network protocol which lets users swap tokens across multiple blockchains have been identified by blockchain security firm Slowmist, and have begun returning the funds stolen, according to The Block Crypto, in what has been considered as the biggest theft ever in the world of decentralized finance.
  • Cameroonian-born technology entrepreneur, Rebecca Enonchong, 54, who is based in the United States was arrested in Douala, Cameroon on Tuesday and detained at the Gendarmerie Legion, without a warrant, following "a complaint by the local Attorney General," for 'outrage' against himself. Enonchong, who is still in police custody, will appear at the Bonanjo Court of First Instance, Douala on Thursday morning. </link>
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