
The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives.
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The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available.
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The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability.
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An exploit resulted in around $573,000 in crypto looted from Allbridge, but the hacker has now seemingly accepted the offer of a “white hat bounty.”
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Allbridge offered a hacker who pilfered $573,000 from its platform a chance to come forward as a white hat and forgo any legal ramifications.
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The bounty, which was offered via an on-chain message was approximately $97,000 or approximately 6% of the exploit amount.
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The ethereum wallet known as the “FTX Accounts Drainer” has started to offload the ethereum it collected this past week after becoming the 27th largest ether address. On Nov. 19, 2022, the wallet held 250,735 ether, but by 7:44 a.m. (ET) on Nov. 20, the “FTX Accounts Drainer” transferred roughly 50,000 ether out of the […]
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The ethical exploiter thanked Arbitrium for the 400 ETH payday, but said such a find should be eligible for the max bounty of nearly 1,500 ETH, or $2 million.
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The cross-chain bridge was drained of its assets in less than three hours.
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Owing to a security vulnerability in six tokens, Multichain users lost more than $3M over the week. A white hat hacker returned 322 ETH, but in excess of 527 ETH is still exploited.
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