Jump Crypto & Oasis.app 'counter exploits' Wormhole hacker for $225M

Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo managing to claw back $225 million worth of digital assets and transfer them to a safe wallet.

The Wormhole attack occurred in February 2022 and saw roughly $321 million worth of Wrapped ETH (wETH)

The post stated that such a vulnerability was highlighted by white hat hackers earlier this month.

“We stress that this access was there with the sole intention to protect user assets in the event of any potential attack, and would have allowed us to move quickly to patch any vulnerability disclosed to us. It should be noted that at no point, in the past or present, have user assets been at risk of being accessed by any unauthorized party.”