• 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

Significant Outflows Hit Bitcoin Spot ETFs

by shark
June 7, 2025
0

Analysis of Bitcoin spot ETFs experiencing a $278 million net outflow on June 5, 2025, with impacts on institutional investments...

Institutions Reduce Bitcoin ETF Holdings by 23% Amid Profit-Taking

by shark
June 7, 2025
0

Institutional Bitcoin ETF exposure drops by 23% in Q1 2025 due to strategic profit-taking.

Bitcoin Holders Trigger Key Support Defense Amid Gains

by shark
June 6, 2025
0

Long-term Bitcoin holders initiate sales, challenging bulls at crucial $95,600 support level.

Uber Explores Stablecoin Usage for Global Settlements

by shark
June 6, 2025
0

Uber CEO Dara Khosrowshahi announced the company's interest in exploring stablecoins for global settlements to decrease foreign exchange costs and...

Yuga Labs CEO Proposes ApeCoin DAO Dissolution

by shark
June 6, 2025
0

Greg Solano, CEO of Yuga Labs, proposes dissolving ApeCoin DAO, transferring assets to ApeCo, aiming to boost operational efficiency.

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

  • Significant Outflows Hit Bitcoin Spot ETFs
  • Institutions Reduce Bitcoin ETF Holdings by 23% Amid Profit-Taking
  • BlockDAG Surges Past $287.5M as AVAX Cools and XLM Eyes Growth
  • Bitcoin Holders Trigger Key Support Defense Amid Gains
  • Uber Explores Stablecoin Usage for Global Settlements
  • Yuga Labs CEO Proposes ApeCoin DAO Dissolution
  • LayerZero CEO Accuses Hyperlane of Wash Trading Manipulation
  • Coinbase Adds Fartcoin and Subsquid to Listing Roadmap
  • 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