Jimbos Protocol Announces $800K Reward to Catch Exploiter
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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 project
In a security breach, blockchain forensics firm PeckShield revealed that OpenLeverage, a decentralized exchange (DEX), suffered a hack resulting in a loss of $236,000. This cyber-attack has prompted OpenLeverage to pause its protocol as it embarks on a thorough investigation into the incident. OpenLeverage Falls Victim to Crypto Hackers OpenLeverage…
Hackers behind the Euler Finance exploit have indicated they may be prepared to negotiate the return of the $180 million stolen from the protocol. The Euler hackers have communicated to the team via blockchain messages to set up a private conversation. The message reads, “We want to make this easy…
North Korean hackers Lazarus Group and APT38 were involved in the $100 million attack on the Horizon cross-chain bridge of the Harmony protocol in June 2022. This was reported in FBI. The agency linked the hack to a North Korean-run TraderTraitor malware campaign. The attackers tried to launder the stolen…