After Hacking and Exploiting… Solana Wormhole Recovers 120,000 Ethereum
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Answer After Hacking and Exploiting… Solana Wormhole Recovers 120,000 Ethereum
Yesterday, we talked about Arab Bitcoin about the exposure of the “Wormhole” platform that acts as a bridge to the Solana blockchain, to the exploitation and theft of 320 million dollars.
Today, the Wormhole team announced that they have recovered all the stolen funds.
Stolen Money Recovery:
Wormhole, Solana’s bridge to other networks, was hacked last Wednesday.
managed The hacker gained control of 120,000 Ethereum, worth $320 million.
The hack affected all users who held (wETH) tokens on the Solana blockchain.
Shortly after the attack, Wormhole informed its users about the situation, and told that they had fixed the vulnerability.
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In addition, the developers offered a reward of 10 million dollars to the hackers in return for the return of 320,000 dollars of the stolen money.
The agreement will allow hackers to keep the funds without fear of prosecution.
On Thursday, Wormhole posted an update, saying that the money had been restored, and the bridge was back up and running.
But according to the blockchain data, 120,000 ETH is still in the attacker’s wallet.
This led to speculation that the Wormhole team had taken the money from investors.
Solana prices are down after the attack by 11.52% in the last 24 hours.
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