Soccer star Messi’s latest contract reportedly includes crypto fan tokens
With the exact details still shrouded in secrecy, the allocation and terms of the inclusion of payment in crypto fan tokens in Messi’s contract with PSG is not known.

Argentine soccer superstar Lionel Messi, regarded as one of the game’s greatest players of all time, has reportedly made crypto fan tokens a part of the payment deal in his financial package with French club Paris Saint-Germain. The information comes from sources close to the matter, according to Reuters.

Messi, 34, who had been at FC Barcelona since he was 13, this week signed a two-year contract with Paris Saint-Germain (PSG), with an option to extend for a third year. His departure from Barcelona, with which he won four Champions League titles, was sealed after Spanish La Liga’s financial fair play rules made it fiscally unviable for the club to continue to afford the star player.

With the exact details still shrouded in secrecy, the allocation and terms of the inclusion of crypto fan tokens in Messi’s contract are unknown. Cointelegraph has reached out to PSG for comment and will update this article with further information should it be forthcoming.


Poly Network hacker returns $258M, conducts AMA on how it went down
The hacker conducted an AMA using embedded messages in Ethereum transactions, and claimed they spotted a bug in the Poly Network and stole $600 million worth of crypto assets to keep them safe.

The Poly Network hacker has now returned $258 million to the cross-chain decentralized finance (DeFi) protocol and conducted a question-and-answer session detailing how the initial hack went down.

In what is being described as the largest DeFi hack to date, the Poly Network suffered a $612-million exploit on Tuesday that saw the hacker steal assets from Ethereum, Binance Chain and the Polygon Network.

Tom Robinson, the chief scientist at blockchain analytics firm Elliptic, told Forbes on Wednesday that the hacker has now returned roughly $258 million worth of funds to Poly so far — with $342 million yet to be returned.

The attacker stated their willingness to return the stolen funds on multiple occasions, which has led to suggestions that it may have been a white hat hack to teach Poly an expensive lesson about its security flaws.

However, that view wasn’t necessarily shared by Robinson, who stated that the returning of funds “demonstrates that even if you can steal crypto-assets, laundering them and cashing out is extremely difficult due to the transparency of the blockchain.”

The hacker has conducted an Ask Me Anything (AMA) using embedded messages in Ethereum transactions, and while they appear to be a non-native English speaker, what’s lost in translation is their grand plan. When asked why they were hacking and why the Poly protocol, in particular, the hacker states “for fun” and because “cross-chain hacking is hot.”


Crypto and blockchain investments have already doubled 2020’s: KPMG report
A top fintech trend for 2021 is the explosive growth in crypto and blockchain investments.

Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of Fintech H1 2021,” the study covers global investment activities in different financial technology verticals for the first half of the year. It details 2,456 investment deals worth $98 billion made between January and June. One of the top fintech trends for 2021 is the explosive growth in the crypto and blockchain investments, the report reads.

The first six months of 2021 saw 548 investments activities, including venture capitals, private equities, and mergers and acquisitions in the blockchain and cryptocurrency sectors. The total value of investments during the first half of the year is $8.7 billion, already doubling the total value of 580 investment deals made during 2020, worth $4.3 billion.

Companies that raised more than $100 million in funding rounds, including BlockFi, Paxos, Blockchain.com and Bitso, led the growth in investment volume.

“Cryptocurrency and blockchain are exploding globally,” said KPMG global fintech co-leader Anton Ruddenklau, adding:

“There’s so much happening in the space right now, between the eCNY project running in China, Facebook’s Diem, a number of ecosystem initiatives — not to mention all the different trading platforms raising money. Digital currencies and virtual assets are a big, big topic of conversation. I think for the rest of this year at least, crypto will be a very hot ticket for investors.”

This Daily Dose was brought to you by Cointelegraph.