Transit Finance Hacker Returns $2.74M to Victims, Sends $686K to Tornado Cash
A hacker that swindled cross-bridge DeFi Protocol Transit Finance out of $28.9 million has agreed to return $2.74 million to victims. Source
Read MoreA hacker that swindled cross-bridge DeFi Protocol Transit Finance out of $28.9 million has agreed to return $2.74 million to victims. Source
Read MoreUnder the agreement, more than $2 million would be returned
Read MoreMajority of the DeFi tokens in Top-100 traded in red
Read More"At present, the security companies and project teams of all parties are still continuing to track the hacking incident and communicate with the hacker through email and on-chain methods," Transit Swap wrote on Twitter. "The team will continue to work hard to recover more assets." Source
Read MoreA quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap.The DEX aggregator lost the funds after a hacker exploited an internal bug on a swap contract on Oct. 1, leading
Read MoreTransit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit Swap issued an apology to the users while efforts to track down and recover the stolen funds are underway.“We are deeply sorry,” stated
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