White Hat Hackers Asked To Return Stolen Crypto, Offered 10% Bounty on $190,000,000 Attack

Ethereum (ETH) bridge Nomad is offering entities involved in a massive hack of its platform a reward for returning stolen funds.

Earlier this week, Nomad fell victim to a hack that saw roughly $190 million in crypto assets vanish from its bridge.

Track live crypto price of 10000+ coins!

In a statement, Nomad says,

“Nomad is announcing an up to 10% bounty to Nomad Bridge hackers where Nomad will consider any party who returns at least 90% of the total funds they hacked to be a white hat. Nomad will not pursue legal action against white hats. Funds must be returned to the official Nomad recovery wallet address: 0x94a84433101a10aeda762968f6995c574d1bf154.

Please be wary of impersonators and other scams.

Nomad is continuing to work with its community, law enforcement and blockchain analysis firms to ensure all funds are returned.”

According to Nomad, over $35.7 million has been returned to the Nomad recovery wallet from 86 different wallet addresses.

At some point in the coming weeks, Nomad plans on sharing more details on the steps it’s taking to recover from the attack.

As for the “black hat” hackers, Nomad says it is working diligently to explore every angle to recover funds from the exploit.

The project also says it is working with TRM Labs, a digital asset security and compliance firm.

Related:  Jay-Z and Jack Dorsey's Bitcoin Academy Receives Mixed Reactions

“Nomad is actively working with TRM Labs and law enforcement to recover funds from black hat hackers. The Nomad Bridge hack has an unprecedented amount of hackers with traceable information tied to their addresses. There will be consequences for these actors.”

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/iurii/Andy Chipus/Vladimir Sazonov

Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: