Hackers Send Back $9M to Nomad Bridge After $190M Exploit

in ethereum •  2 years ago 

The popular Ethereum to Moonbeam bridge is engaging with law enforcement and data analytics firms

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Hackers sent back $9 million to Nomad a day after the cross-chain bridge was exploited for $190.38 million.

PeckShield, a blockchain security business, reported that $9 million, or around 4.75 percent of the total loss, had so far been recovered.

In a tweet sent out at 4:05 UTC, the protocol, which let users to move tokens from Ethereum to other chains like Evmos and Moonbeam, pleaded with "white hat hackers" and "ethical researchers" to refund assets.

The statement reads: "We are actively working with a leading chain analysis firm and law enforcement to trace funds. All involved are prepared to take necessary action in the coming days."

"If you took ETH/ERC-20 tokens with the intention of returning them, we now have a process for you to do so."

Anchorage Digital, a cryptocurrency custodian, will manage and protect the recovered assets.

Stablecoins made up the majority of the returned money, with $3.78 million USDC and $2 million USDT coming from numerous addresses.

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