DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Sturdy Finance founder Sam Forman told the attacker that it's not as easy to get away from exploits as it used to be and encouraged the attacker to accept the bounty.

platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that its team won't pursue the issue further if the attacker accepts the offer.in digital assets when an attacker exploited vulnerabilities within the platform. Security firms pinpointed that the cause of the exploit was a faulty price oracle and the hack was carried out through a reentrancy attack.

Just a day after the hack, Sturdy Finance founder Sam Forman tweeted that they are offering $100,000 to the perpetrators if they agree to return the remaining funds to a wallet they specified."To the exploiter: as we have seen with recent hacks, exploits are not as easy to escape from as they used to be.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 562. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack – Defi Bitcoin NewsThe defi community has experienced another hack, with SturdyFinance protocol suffering a loss of 442 ETH, equivalent to an estimated $766K.
Fonte: BTCTN - 🏆 531. / 51 Leggi di più »

Attacker drains $800K from DeFi protocol Sturdy FinanceBlockSec stated that the hackers utilized a reentrancy attack, a common method hackers use to withdraw funds from DeFi protocols. Additionally, the blockchain security company BlockSec highlighted that the hack was done through a reentrancy attack, which is a common method hackers use to withdraw funds from DeFi protocols.
Fonte: Cointelegraph - 🏆 562. / 51 Leggi di più »

DeFi lending protocol Sturdy Finance offers $100,000 bounty to its attackerDecentralized lending protocol Sturdy Finance offered a $100,000 bounty to the attacker who siphoned 442 ether ($800,000) from the platform.
Fonte: TheBlock__ - 🏆 464. / 53 Leggi di più »

Lending protocol Sturdy Finance drained of $800,000 in security attackSturdy Finance, a decentralized lending protocol, fell victim to a security attack today, which led to a loss of 442 ether or about $800,000.
Fonte: TheBlock__ - 🏆 464. / 53 Leggi di più »