Multichain hacker returns 322 ETH, keeps hefty finders fee

Multichain hacker returns 322 ETH, keeps hefty finders fee

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. In a dramatic twist, one of this week’s Multichain hackers has returned 322 ETH ($974,000 at the time of writing) to the cross-chain router protocol and one of the affected users.However the hacker kept 62 ETH ($187,000) as a “bug bounty”, and a total of 528 ETH (worth $1.6M) remains outstanding after the exploits. Earlier this week, news emerged of a security vulnerability with Multichain relating to the....


Related News

Arbitrum Pays Hacker A Hefty Reward For Identifying A Bug

Arbitrum, a popular Layer 2 solution for Ethereum, got involved with a white hat hacker on September 19. According to a source, the hacker discovered a potential vulnerability in Arbitrum’s code. As a result, the network used 400 ETHs, worth about $560,000, as a pay-off. Over the years, many hacks and exploits have hit the […]

Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million ...

Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema Finance On July 2, 2022, the defi project Crema Finance was exploited for roughly $8.7 million in crypto assets. According to the blockchain auditing firm Ottersec, flash loan attacks were used to siphon $8,782,446 worth of digital currencies. Crema Finance....

Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits

Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene to Lecture on Security In another blow against the Thorchain protocol, the defi network has found itself the victim of another hack after the equivalent of 4,000 ethereum (ETH) was stolen just days earlier. Thorchain, which features an automated market maker (AMM) and decentralized exchange (dex), is....

Grey Hat Hacker Agrees To Return 80% Of Funds Stolen In Multichain Exploit

Cross-chain DeFi platform Multichain has been the latest in what is now a long line of DeFi protocols being exploited. This time around, the attackers were able to steal user funds from the platform by gaining access to accounts that haven’t revoked access to the platform. In total, about $1.5 million was lost to hackers […]

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 […]