White hat hacker exploits Hashflow to win $ 600,000, apparently solely to return funds


Multi-chain buying and selling platform Hashflow mentioned. June 14th It’s mentioned that an incident affecting a whole bunch of hundreds of funds has occurred.

$600,000 affected

Hashflow has not explicitly acknowledged being attacked, however mentioned $600,000 in funds have been affected. He wrote that “the present scenario is being addressed” and that each one customers affected by the incident have absolutely recovered.

The mission added that the decentralized alternate (DEX) was not affected by the exploit in any method, and mentioned it will publish a autopsy investigation at a later date.

Hashflow mentioned cryptosecurity agency Pecshield was first notified of the exploit.Discover from Pecshield referred to as an assault It mentioned it was a “verification-related problem” and that $215,000 of ETH and $195,000 of ARB, totaling $410,000, had been stolen.

In a subsequent assertion, Hashflow estimated the loss to be even better, saying funds have been additionally stolen from Avalanche, BNB Chain and Polygon.

White hat hacker suspected as wrongdoer

Subsequent publish from Peckshield mentioned The assault was carried out by moral hackers. The truth that the hacker’s contract included a restoration perform was emphasised.

Hashflow has permitted the hacker’s takeback deal. directions for your self. These directions instruct customers to revoke token grants for deprecated contracts. The directions then direct the person to invoke a restoration perform within the hacker’s contract.

See also  Hong Kong arrests 6 individuals who laundered $12 million by way of cryptocurrencies

Hashflow famous that the hacker’s contract permits customers to get better all of their funds or optionally donate 10% of the recovered funds to white hats.

A white hat hacker exploited hashflow to win $600,000, the publish first appeared on currencyjournals, apparently simply to get the funds again.

(Tag Translation) Arbitrum


Please enter your comment!
Please enter your name here