TechFlow news — On August 20, the Poly Network team announced the latest progress on its hack recovery plan: The Poly team will complete the conversion of 96,942,063 DAI and USDC returned by the white-hat hacker before 00:00 UTC on August 23, to restore the contract balances to 96,389,444.23 USDC and 673,227.94 DAI prior to the swap. For slippage loss and transaction fees incurred during the conversion, the team will compensate using its own funds. Asset reconciliation and restoration will also be completed before 00:00 UTC on August 23. In addition, today Poly Bridge has restored cross-chain functionality for 13 additional assets, including $8PAY, $AQT, $COW, $DMOD, $DOV, $LEV, $NEST, $ONG, $ONTd, $PLUT, $SPAY, $STN, and $YFI. So far, Poly Bridge has restored cross-chain functionality for a total of 44 assets.
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