• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Nomad recovers $ 9.one million thanks to “white hat hackers”

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The cross-chain platform Nomad has published the addresses of the wallets to get refunds soon after the hack on August two, but the sum obtained is really modest.

Nomad recovers $ 9 million thanks to “white hat hackers”

As reported by Coinlive, the Nomad cross-chain bridge seasoned a major protection vulnerability at dawn on August two. An unknown hacker took benefit of the project’s good contract loophole to withdraw much more than $ 95.five million in ERC-twenty tokens from Nomad.

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
Binance Labs invests $3.15 million in Open Campus, EDU builds columns

Binance Labs invests $three.15 million in Open Campus, EDU builds columns

November 27, 2023

It is well worth mentioning that a lot of cryptocurrency consumers found the hacker’s assault technique, copied his transactions and participated in the “robbery”. In complete, somewhere around $ 176-190 million was mined from Nomad, with 41 addresses compiled by the Peckshield protection unit in the checklist beneath.

#PeckShieldAlert PeckShield uncovered ~ 41 scanned addresses ~ $ 152M (~ 80%) in the @nomadxyz_ exploit bridges, such as ~ seven MEV bots (~ $ seven.one million), @RariCapital Harbinger of Arbitrum (~ $ three.four million) and six White Hat (~ $ eight.two million).
About ten% of these addresses with ENS names get $ six.one million pic.twitter.com/UUjk7ZiiKE

– PeckShieldAlert (@PeckShieldAlert) 2 August 2022

However, a lot of folks have given that come forward claiming to be “white hat hackers”, actively withdrawing cash from Nomad to later on return to the task to stay clear of even further harm to the undesirable guys.

A couple of people hoarding the bridge money, some who publicly stepped forward and presented to return

.eth
Rari capital exploiter
darkfi.eth pic.twitter.com/2adlMl6Pj3

– foobar (@ 0xfoobar) 2 August 2022

By noon on August three, Nomad posted a wallet tackle urging people who withdrew cash from this bridge to return it for the typical great.

Nomad Bridge Funds Recovery Process

Dear white hat hackers and ethical researcher close friends who safeguarded ETH / ERC-twenty tokens,

Send money to the following wallet tackle on Ethereum: 0x94A84433101A10aEda762968f6995c574D1bF154 pic.twitter.com/UF623JSZ8u

– Nomad (⤭⛓🏛) (@nomadxyz_) August 3, 2022

Starting at seven:thirty pm on August 3rd The Nomad wallet address obtained almost $ 9.15 million in cryptocurrencies, such as USD 246,000 ETH, USD three.seven million, USD two million, USD one.four million CQT, USD one.two million FRAX, and so on. This quantity is even now as well lower in contrast to the real harm of the assault.

Balance of Nomad’s withdrawal wallet tackle at seven:45 pm on August three, 2022. Source: Etherscan

Nomad claims to have tracked the money movement and will report people who do not return the cash to the detective company. The task does not mention that it will award a bug bounty to white hat hackers with a refund.

Additionally, Nomad also announced that it is in the approach of repairing the vulnerability and will quickly submit much more facts as quickly as attainable. The project’s cross-chain bridge platform is at this time closed.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: HackershatmillionNomadrecoversWhite
Share76Tweet48

Related Posts

Bybit Releases 24th Proof of Reserves Audit

by shark
June 23, 2025
0

Bybit's recent Proof of Reserves snapshot reveals an increase in BTC and ETH holdings, with a dip in USDT reserves,...

Bitcoin’s Market Cap Surpasses Leading Global Banks’ Combined Value

by shark
June 23, 2025
0

Bitcoin's market capitalization surpassed the combined value of Bank of America and Bank of China, marking a significant milestone in...

Binance Lists DeLorean (DMC) on Spot and Futures Markets

by shark
June 23, 2025
0

Binance will list DeLorean (DMC) for spot and futures trading, with high trading demand and leverage up to 50x anticipated.

EigenCloud Launched by Eigen Labs with $70M Backing

by shark
June 23, 2025
0

Eigen Labs unveils EigenCloud, supported by $70M funding from a16z, enhancing blockchain service capabilities.

Binance Handles $3 Billion Daily USDT Transfers on Tron

by shark
June 23, 2025
0

Binance processes $3 billion in daily USDT on Tron, influencing cryptocurrency liquidity trends.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bybit Releases 24th Proof of Reserves Audit
  • Bitcoin’s Market Cap Surpasses Leading Global Banks’ Combined Value
  • Binance Lists DeLorean (DMC) on Spot and Futures Markets
  • EigenCloud Launched by Eigen Labs with $70M Backing
  • Binance Handles $3 Billion Daily USDT Transfers on Tron
  • Pi Network Faces High Volatility Ahead of Token Unlock
  • Bitcoin Dips to $102,400 Amid Altcoin Drop and Fed Decision
  • Congressman Massie Proposes Federal Reserve Abolition Bill
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7