Seneca Stablecoin Hacker Returns $5M Following Exploit
Following a $6.4 million digital assets exploit from the Seneca stablecoin platform, the hacker has returned over $5 million after the project pledged a 20% bounty to the hacker. Multiple blockchain security firms identified the vulnerability in the stablecoin protocol on February 28. Enterprises such as CertiK issued advisories to users regarding the vulnerability, imploring […]
Gamma Strategies Attempts to Negotiate Bounty with Hacker
In the aftermath of a $3.4 million hack in digital assets, Gamma Strategies liquidity management protocol, while attempting to retrieve the funds lost in the exploit, negotiates a bounty with the hacker. PeckShield, a blockchain security firm, identified an exploit in Gamma’s repositories on January 4. Initial assessments indicated that the losses incurred a value […]
KyberSwap Offers 10% Bounty to Hackers for Return of $46M Loot
Following the November 22 exploit of $46 Million from the decentralized exchange KyberSwap, a 10% bounty reward worth $4.6M has been offered to the hackers in return for the loot. KyberSwap informed users on November 23 that KyberSwap Elastic, its liquidity solution, had been compromised and recommended that they withdraw their funds. Subsequently, on November […]
Fantom Foundation Awards Researcher $1.7M in Bounty After Hack
Following the Fantom hack in October, a security researcher revealed as much as $170 million could have been lost, in recognition of the researcher’s contribution, the organization awarded him $1.7 million as bounty. Following an October breach that cost the Fantom Foundation $550,000, the Fantom Foundation, a non-profit organization that develops the Fantom blockchain platform, […]
Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty to return the stolen assets. PeckShield, a blockchain security firm, disseminated an on-chain message via social media that depicts Poloniex’s communication with the intruder. The exchange reports that they have previously verified the […]