Defi Platform ZKLEND Hacker Hits – $900,000 White Hat Bounty on the Desk

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  • Zklend provided a ten% prize cash for the return of three,300 ETH that was hacked and stolen.
  • The withdrawal was briefly suspended. The corporate will set a deadline of February 14th to take care of hackers.
  • Working with safety firms, Zklend guarantees transparency and detailed reporting.

On February twelfth, Zklend, a distributed finance platform, dropped the information on social media that it was slammed by a hacker assault.

In response, the corporate despatched a message to the hackers and provided a prize to retrieve the stolen funds. The corporate additionally knowledgeable customers that their withdrawal on the platform was pending for now and instructed customers to not deposit or repay funds till that is resolved.

Roughly $900,000 prizes for hackers returning $9 million in booty

The message acknowledges the function of hackers within the assault and supplies 10% of the stolen funds as “white hats” prizes.

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The corporate mentioned that if hackers present a selected Ethereum deal with for sending funds and procure a switch, they are going to be exempt from hackers of legal responsibility associated to the case.

Hacker Bounty Deadline Set

The corporate additionally warned that if that they had not heard from the hackers by 00:00 UTC on February 14, 2025, they’d take additional steps to trace and prosecute people.

Zklend was much more relieved, saying that this message (about Bounty) was despatched from Zklend’s Ethereum Zend Token Deployer account and may very well be verified by checking Zklend’s official X account.

The group carefully follows stolen funds and identifies hackers by monitoring stolen funds and figuring out hackers. I am working with.

Zklend swears deep dive after hack

Zklend reassured customers that it was all upfront and would share an in depth autopsy evaluation as soon as the investigation is full. The corporate made it clear that group belief stays a prime precedence and thanked customers for his or her persistence and assist throughout this difficult time.

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I do know of an ongoing safety incident on Zklend. The group is at the moment below investigation and can present updates if attainable. Thanks in your persistence,” the corporate wrote to X.

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