Cross-chain bridges Garden Finance was hacked! Losses amount to about 5.5 million USD, and the official offers a 10% white hat bounty to hackers for a refund.
Garden Finance is suspected to have suffered a hacking attack, with losses exceeding 5.5 million USD, and the team has not publicly responded so far. (Background: Three breaches in two years! The lending protocol Abracadabra Money has once again suffered a hacking attack with a loss of 1.8 million USD, totaling losses of 21 million USD.) (Additional background: The Web3 incubator Seedify's cross-chain bridge was hacked! $SFUND plummeted, and the founder urgently offered a bounty for help.) Blockchain detective ZachXBT disclosed this evening (30th) on his Telegram channel that the cross-chain protocol Garden Finance may have been attacked on multiple blockchains, with losses exceeding 5.5 million USD. According to ZachXBT's investigation, an address related to the Garden Finance team sent a message on the blockchain to the hacker, proposing to pay a 10% whitehat bounty to encourage the attacker to return the stolen funds. However, as of now, Garden Finance has not publicly commented on this incident. It is worth mentioning that ZachXBT emphasized that just a few days ago, he pointed out that Garden Finance ignored the victims' pleas and refused to return funds related to stolen money in the crypto world. ZachXBT estimates that more than 25% of Garden Finance's total activities are related to stolen funds, including hacking incidents on platforms like Bybit and Swissborg. What is Garden Finance? Garden Finance is a decentralized cross-chain bridge project aimed at allowing users to transfer Bitcoin and other digital assets between different blockchain networks. The core features of the project include trustless transactions and fast settlements, with the goal of reducing users' risks and wait times in cross-chain transactions. Related reports: LOL! The UXLINK hacker stole 11.3 million USD “but fell victim to a phishing attack”, the crypto world is rife with black-eating-black. The prison testimony of young crypto hacker Noah Urban: I'm a weird kid. The inside story of Coinbase's largest “data breach incident”: an insider conspired with hackers, selling each piece of data for 200 USD. <The cross-chain bridge Garden Finance was hacked! Losses approximately 5.5 million USD, the official offers a 10% whitehat bounty for the hacker to return the money> This article was first published in BlockTempo, the most influential blockchain news media.
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Cross-chain bridges Garden Finance was hacked! Losses amount to about 5.5 million USD, and the official offers a 10% white hat bounty to hackers for a refund.
Garden Finance is suspected to have suffered a hacking attack, with losses exceeding 5.5 million USD, and the team has not publicly responded so far. (Background: Three breaches in two years! The lending protocol Abracadabra Money has once again suffered a hacking attack with a loss of 1.8 million USD, totaling losses of 21 million USD.) (Additional background: The Web3 incubator Seedify's cross-chain bridge was hacked! $SFUND plummeted, and the founder urgently offered a bounty for help.) Blockchain detective ZachXBT disclosed this evening (30th) on his Telegram channel that the cross-chain protocol Garden Finance may have been attacked on multiple blockchains, with losses exceeding 5.5 million USD. According to ZachXBT's investigation, an address related to the Garden Finance team sent a message on the blockchain to the hacker, proposing to pay a 10% whitehat bounty to encourage the attacker to return the stolen funds. However, as of now, Garden Finance has not publicly commented on this incident. It is worth mentioning that ZachXBT emphasized that just a few days ago, he pointed out that Garden Finance ignored the victims' pleas and refused to return funds related to stolen money in the crypto world. ZachXBT estimates that more than 25% of Garden Finance's total activities are related to stolen funds, including hacking incidents on platforms like Bybit and Swissborg. What is Garden Finance? Garden Finance is a decentralized cross-chain bridge project aimed at allowing users to transfer Bitcoin and other digital assets between different blockchain networks. The core features of the project include trustless transactions and fast settlements, with the goal of reducing users' risks and wait times in cross-chain transactions. Related reports: LOL! The UXLINK hacker stole 11.3 million USD “but fell victim to a phishing attack”, the crypto world is rife with black-eating-black. The prison testimony of young crypto hacker Noah Urban: I'm a weird kid. The inside story of Coinbase's largest “data breach incident”: an insider conspired with hackers, selling each piece of data for 200 USD. <The cross-chain bridge Garden Finance was hacked! Losses approximately 5.5 million USD, the official offers a 10% whitehat bounty for the hacker to return the money> This article was first published in BlockTempo, the most influential blockchain news media.