The largest cryptocurrency robbery in history, the victim of the list of Titov and China against Alcohol

Hackers stole a record $ 600 million in cryptocurrency, but decided to return

Anonymous hackers carried out the largest cryptocurrency robbery in history, stole $ 600 million from blockchains of the decentralized financial system (Defi) Polynetwork, but the very next day they decided to return the abducted and have already transferred it back almost half. The problem is that getting money from decentralized financial systems can be too difficult.

• Polynetwork announced a hacking on Tuesday evening. Unknown attackers took advantage of the vulnerability of several wallets in the system and stole a cryptocurrency for $ 600 million, which belonged to tens of thousands of customers. Hacking was the largest cryptocurrency market in the history of the cryptocurrency market, surpassing the amount of damage to the MT GOX crypto accounting in 2014 ($ 400–450 million) and Coincheck in 2018 ($ 550 million). Polynetwork published hackers wallet numbers, called on all the participants of the cryptorrhist to bring cryptocurrency coming from there in black lists, and hackers to contact the service and return the money.
• Polynetwork is one of the most popular decentralized financial services (Defi). In fact, this is a protocol that allows owners of different cryptocurrencies on different blockchains to pay with each other and make any P2P transaction. Defi services are the latest applicants to take the place of banks and provide users with financial services without intermediaries. By this summer, the Defi industry has grown to the fact that the global financial authorities were concerned about their regulation.
• After a day, in the afternoon on Wednesday, hackers unexpectedly answered the call of Polynetwork to return the money. The service published for this number of wallets, and by the evening of Wednesday $ 260 million were returned. The hacker (or one of the hackers), standing behind the attack, after that arranged a session of questions and answers in the service of messages built into the blockchain. The goal of the hacking was to have fun (“For Fun :)”) and the intention to warn about the vulnerability that anyone can use. He explained the return of the money with the desire to "save the service in security."
• Cybersecurity experts do not take the hacker’s explanation seriously - they are sure that the withdrawal of cryptocurrencies in such volumes would simply be too risky. A few hours after hacking, the SlowMist cybersecurity agency said that its experts installed a mailbox, IP and digital traces of the devices used by the hacker (or hackers) and continues to search for it. The Tether blockchain announced the freezing of stolen cryptocurrency for $ 33 million. It was after these events that the hackers announced that they were ready to return the money.
• “This incident showed: even if you were able to abduct the assets in cryptocurrency, laundering and cashing becomes extremely complicated due to the transparency of the blockchain and the widespread use of blockchain-analytics by financial institutions,” said Tom Robinson, the chief researcher of the analytical company, Tom Robinson.
• But this does not stop hackers: Defi services have already become one of the most popular goals for attacks, writes CNBC. Since the beginning of the year, $ 361 million was abducted from them - three times more than in the first half of 2020. The share of decentralized finance in the total volume of crypto -mesh increased from 3% to 54%.

What am I to me?

Crypto enthusiasts will now recall this example for a long time, proving the safety of decentralized finances, and skeptics - to bring it as an example of a vulnerability impossible at the bank. Those who are right will tell time, but to know what Defi services are in 2021 it becomes a necessity. You can read about them here , here and here .

MONEY

$ 3.5 trillion in social training

Having achieved the approval of the state -owned plan for infrastructure for $ 1 trillion, the White House and the Democrats in Congress immediately switched to a plan by $ 3.5 trillion, dedicated to the fight against poverty and climate change. Today, the Senate with the votes of the Democrats alone (50 versus 49) approved the draft version of the plan, for which the real statement of which will take at least another few months. The program involves the introduction of new large -scale social benefits, including for the first time in the history of the United States, the introduction of paid leave guaranteed at the federal level, as well as multi -billion dollar tax benefits for moving to pure energy. It will be paid by raising taxes for large companies and wealthy Americans.

He returned in vain

The business ombudsman Boris Titov a month ago announced that he would not continueto persuade businessmen to return to Russia, but those defendants in his “London list” who managed to return were no easier. The first businessman Andrei, who returned on the call of Titov, received a second term in his homeland today-at first he was judged in a criminal case, because of which he left and gave three years in colony, but later replaced the deadline for conditional. And then a new case of the theft of 21 million rubles was already brought to the entrepreneur - and today they were sentenced to four and a half years of real term.

EDUCATION

How to create a dream team?

In order to achieve high results, the team needs playing, not star participants. You can find out about how to create and develop it on the course

“Team Leadership. How to effectively manage the team "from In School (by the Bell ).

Under the leadership of the director of the program program in the field of management (MIM) and a teacher of innovation courses, design and leadership of the business school of the University of Georgetaun, Evelin Williams, you will try to create an ideal team design, as well as

• You will learn how to correctly read and respond to signals in the behavior of your colleagues,
• Learn to give effective feedback, which will help to reveal the potential of the team,
• Improve your own emotional intelligence skills,
• You will master the tools and methods of experimental coaching,
• will gain more awareness in the choice that you make as part of the team.

Classes will be held on September 6, 7, 9 and 14. You can get more information about the program and leave an application for training here.

PRACTICE

China's Communist Party raised her hand to the alcoholic traditions of business

Multi-billion dollar fines for Internet companies and the destruction of entire sectors with a stroke of the pen-all these are flowers. Now the Chinese authorities raised a hand to the Holy of Holy of Saints of the Business Culture of the country - alcohol at meetings, corporate events and negotiations. The reason was a loud scandal with the rape of Alibaba employee (we wrote about him here ), in which, of course, there were no alcohol. Today, the Chinese Anti -Corruption Committee issued a statement in which he demanded to abandon alcohol in business communication and replace it with “true values”. For Chinese business, alcohol is the basis of the basics : not a single deal is concluded without a bottle of a strong drink of Bayzzyu. The shares of Chinese alcoholic companies fall .

How to finalize the last month and not go crazy

The last weeks or months at the old job, when you have already announced the transition to a new one, may be a serious test. The leadership is often trying to load the dismissing excessive burden of work under the slogan "You must finish everything." And many employees, oppressive guilt (“I throw the company at such a difficult moment”), are ready to take on even more unusual obligations - and then suffer even more shame without fulfilling them. In Harvard Business Review - instructions on how not to turn “modification” into hell.