Moola Market Hacker Returns $7.8 Million Of Stolen Funds

Moola Market Hacker Returns $7.8 Million Of Stolen Funds

On Tuesday, a hacker exploited a vulnerability in the Celo-based Moola Market lending protocol and stole $8.4 million. But in a turn of events, the hacker restored 93.1% of the stolen cash on Wednesday morning.  The Celo blockchain platform confirmed the occurrence in a tweet at 19:03 BST on Tuesday, October 18. After learning of […]


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Moola Market attacker returns most of $9M looted for $500K bounty

The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol. An attacker has returned just over 93% of the more than $9 million worth of cryptocurrencies they exploited from the Celo (CELO) blockchain-based decentralized finance (DeFi) lending protocol Moola Market.At around 6PM UTC on Oct. 18 the Moola Market team tweeted it was investigating an incident and had paused all activity, adding it had contacted authorities and offered a bug bounty to the exploiter if funds were....