Surprising turn: attacker from GMX accepts White-Hat-Deal and offers return of $ 42 million in exchange for $ 5 million reward

Surprising turn: attacker from GMX accepts White-Hat-Deal and offers return of $ 42 million in exchange for $ 5 million reward

heading: Blockchaing analysis: GMX attacker is right WHITE HAT-DEAL

In a surprising turn, the Blockchain analysis platform Lookonchain reported that the attacker who was responsible for the exploit of the decentralized derivate exchange GMX approved a white-hat deal. The attacker offers to return the stolen assets worth $ 42 million in return for a reward of $ 5 million.

This incident raises important questions about the security of decentralized financial platforms (Defi) and illustrates the challenges with which these technologies are confronted. The White Hat deal, in which an attacker is willing to agree with the parties concerned, shows an interesting dynamic between cybercrime and ethical hackers.

The return of the stolen funds could help to restore confidence in the GMX platform and the entire Defi industry. At the same time, the question arises how such attacks can be prevented in the future. Security measures and protocols have to be improved to minimize the risk of such incidents.

The developments related to the incident and the return of the assets are still being followed closely, since they could have a significant impact on the perception and acceptance of defi platforms in the general public.