Jimbos Protocol, the victim of a $7.5 million hack, has announced an $800,000 bounty program to catch the hackers. In some decentralized finance (DeFi) hack cases, there is a settlement between the hackers and the project. In such settlements, the hackers return a major portion of the cash while keeping the remaining as a bug bounty. Jimbos Protocol Seeks Help of Law Enforcement After the hack on Sunday, Jimbos Protocol gave an ultimatum to the hacker to return funds by 16:00 UTC Monday. But there has been no response from the hackers as yet. Then, on Wednesday, the DeFi projectGo to Source
Author: coinmaker