According to a report by blockchain security firm PeckShield, ethical hackers aka white hat hackers who secured funds on behalf of cross-chain token bridge Nomad during an attack on Krypt, returned funds to wallet addresses belonging to the company. has started doing. In this way, about 9 million dollars (about Rs 71 crore) have been returned so far, which is about 4.75 percent of the total loss. Following the attack on Nomad, in which funds worth over $190 million (about Rs 1,505 crore) were stolen, the company on Wednesday published a wallet address to recover the tokens.
Data from Etherscan shows that the tokens returned so far include $3.75 million in USD coins, $2 million in Tether (about Rs 15.8 crore), $1.4 million in covalent query tokens (about Rs 11 crore), and $1.2 million in tokens. million (approximately Rs.9.5). crore) in frac.
Most of the funds came from known Ethereum name service domain wallet addresses, and these individuals were among the 300 wallets that participated. hack in, However, unlike hackers, ethical hackers took quick action to ensure the safety of Nomad’s funds during the incident, when the protocol requested that they return the funds in a tweet following the attack.
The security firm has estimated that the three key addresses still hold about 50 percent of the stolen crypto. And 10 percent of these hackers, with about $6 million (about Rs 47.5 crore) in stolen funds, have ENS domain addresses. That said, the Nomad team has confirmed that they are actively collaborating with law enforcement and a top on-chain analytics company, TRM Labs, to find the funds.
After Nomad managed to recover over $20 million (about Rs 158 crore) so far, it said it was offering hackers a reward of up to 10 percent for obtaining user funds.
“The reward is for those who come forward now, and for those who have already returned the money,” Nomad said.
Nomad said it would not take legal action against any hacker who returned 90 percent of the assets they took, as it would consider these individuals “white hat” hackers.