Nomad wins almost 20 million dollars of stolen $ 190 million back

Nomad wins almost 20 million dollars of stolen $ 190 million back

chain analysis of cryptocrimity
  • nomad consider a premium of 10 % for hackers who return most of their stolen money
  • The biggest return was 100 ETH ($ 160,000)

token Bridge Nomad suffered a hack on Monday that led to a loss of $ 190 million of cryptocurrencies. So far, $ 19.4 million of these funds have been transferred

nomade A recovery wallet address address Created in an appeal to the "White-Hat Hacker and Ethical Researcher Freunde who have secured ETH/ERC-20 tokens" to return the lost digital assets.

The wallet was digitally put on in cooperation with the custodian bank. Since then, Nomad has gone to Twitter to thank some of his contributors.

The Hack of Nomad resulted from a problem in the code itself, 1KX Research told Blockworks. Nomad developers accidentally activated a code setting that automatically checked each transaction script sent to the protocol, as long as they had a standard "root" of "0x00".

The result was a free-for all, in which the viewers hurried to submit illegal transactions, which quickly emptied the token bridge all user money that was kept in the associated smart contract.

nomad has "More consistent communication" wanted and apologized for "not yet provided that".

The company announced about Twitter that Hackers, who return at least 90 % of the total money they have chopped, can be considered for a premium of up to 10 %.

This incident is the third largest crypto currency hack this year after the Solana-to-Ethereum Wurmloch bridge and the exploits of the Axie Infinity Ronin Bridge, the $ 325 million


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The Nomad contribution gets almost $ 20 million from stolen 190 million dollars back is no financial advice.

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