A decentralized finance (DeFi) protocol is providing a $100k reward for aid in getting in contact with its alleged cyber-attacker.
Reports emerged a week back that Harvest Finance had allegedly been focused by an unidentified cyber-felony who drained $24m in value from its swimming pools in seven minutes. The malicious hacker allegedly cashed out the cryptocurrency into a digital wallet through renBTC and Twister.
The nameless group driving Harvest Finance reported that the attacker had drained the swimming pools by manipulating Stablecoin rates on Curve Finance, a DeFi protocol that interacts with Harvest Finance contracts.
Subsequent the alleged attack, Harvest Finance tweeted: “We are working actively on the issue of mitigating the economic attack on the Stablecoin and BTC pools, and will update in this thread in realtime (sic) as quickly as added facts are accessible.”
Bizarrely, the attacker returned about $2.5m to the deployer in the sort of Tether (USDT) and USD Coin (USDC).
Harvest Finance tweeted that the money that experienced been despatched back again “will be distributed to the impacted depositors pro-rata using a snapshot.”
Earlier currently, Harvest Finance tweeted 10 BTC addresses utilised by the alleged hacker and questioned key cryptocurrency exchanges, like Finance and Coinbase, to blacklist them.
Right after saying to have discovered some clues as to the alleged hacker’s identification, the DeFi protocol then put a bounty out on them by way of Twitter.
The information posted previously right now via @harvest_finance go through: “In addition to the BTC addresses which keep the resources, there is now a significant sum of personally identifiable details on the attacker, who is well-acknowledged in the crypto neighborhood.
“We are placing out a 100k bounty for the 1st man or woman or staff to attain out to the attacker and help the attacker return the cash to the deployer handle.”
The protocol reported it was not interested in getting any sort of revenge versus the alleged hacker.
In an October 26 tweet apparently directed at their electronic assailant, Harvest Finance wrote: “We are not fascinated in doxxing the attacker, your ability and ingenuity is highly regarded, just return the resources to the customers.”
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