• 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

The Team Finance hacker “gave up”, repaid $ seven million to the undertaking

192
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Four victim tasks acquired $ seven million from hackers, just after the Team Finance exploit induced a reduction of $ 15.eight million on October 27.

The Team Finance hacker “gave up”, repaid $ seven million to the undertaking

On the weekend, the striker Confirm it will maintain ten% of the stolen money as a reward and pay out the rest to the impacted tasks, together with CAW (A Hunters Dream), Dejitaru Tsuka, Kondux and Feg.

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

The lousy guys who phone themselves “white hat hackers” have infiltrated and extracted much more than $ 14.five million from Team Finance, by means of the Uniswap v2 to v3 migration characteristic, manipulating costs for revenue.

Regular performance on Team Finance has resumed.

Exploit management and fund recovery are nevertheless ongoing.

See under for much more details:https://t.co/HQojAF30bm

– Team Finance (@TeamFinance_) October 28, 2022

The stolen money incorporated USDC, CAW, TSUKA, and KNDA. In which, CAW has misplaced liquidity and is heavily “discharged” just after the unfortunate incident.

Until October thirty, NFT exchange Kondus announced acquired 95% of the stolen money, equivalent to 209 Ethereum (ETH). Meanwhile, feg 548 ETH recovered. the blockchain protocol Tsuka it also repaid 765,000 DAI and eleven.eight million TSUKA. Caw Coin – the victim who suffered the most – five million DAI and 74.six billion CAW had been returned.

We are thrilled to announce that we have acquired 95% of the ETH employed back!

Please be patient with us in the subsequent 48 hrs as we wait for the $ KNDX to return so that we can system our subsequent stage forward. ⏩ 🐮

A big thank you to the neighborhood for their unwavering assistance$ FEG $ CAW $ TSUKA

– Kondux (@Kondux_KNDX) October 30, 2022

On Twitter, the protocol demands hackers to speak to for rewards. According to Team Finance, their intelligent contract has been extensively verified previously, and the developers have temporarily stopped all pursuits on the protocol. Founded in 2020 by TrustSwap, the protocol claims to personal $ three billion in secured assets across twelve blockchains.

The over incident occurred the day just after the incident assault the mango markets eleven/ten. Hackers also pick to manipulate the cost of MNGO tokens for revenue. But Mango gave in, permitting the hacker withhold $ 47 millionthe greatest bug bounty ever paid in the cryptocurrency field.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: Financegavehackermillionprojectrepaidteam
Share77Tweet48

Related Posts

Amber International Completes $25.5 Million Private Placement

by shark
July 5, 2025
0

Amber International secures $25.5 million to expand its $100 million crypto ecosystem reserve.

21Shares Research Suggests Bitcoin Could Surpass $200k

by shark
July 5, 2025
0

21Shares forecasts Bitcoin price climb fueled by macro trends. Potential $200k Bitcoin target by 2025's close.

TRON DAO Sponsors EthCC with MetaMask, Arkham

by shark
July 4, 2025
0

TRON DAO joins EthCC 2025 as a WAGMI sponsor, co-hosting with MetaMask and Arkham. Explore the implications for TRX and...

Circle Stock Surges 472% Since June IPO

by shark
July 4, 2025
0

Circle's stock outpaced Bitcoin, soaring 472% post-June IPO, reflecting strong market confidence.

FTX Recovery Trust Halts Payments in 49 Countries

by shark
July 4, 2025
0

The FTX Recovery Trust has postponed the distribution of $5 billion in creditor repayments, affecting 49 countries due to legal...

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

  • Amber International Completes $25.5 Million Private Placement
  • Best Altcoins to Buy Today: BDAG, HYPE, ONDO, & TRX
  • 21Shares Research Suggests Bitcoin Could Surpass $200k
  • TRON DAO Sponsors EthCC with MetaMask, Arkham
  • Arctic Pablo Coin, Sudeng, and Cheems: Best new meme coins for exponential returns
  • Circle Stock Surges 472% Since June IPO
  • Best Upcoming Crypto? MoonBull Opens Whitelist as SHIB Drops and PEPE Gains
  • FTX Recovery Trust Halts Payments in 49 Countries
  • 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