December 24, 2024

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Hacker returns stolen funds to Tender.fi, gets $97K bounty reward

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Hacker returns stolen funds to Tender.fi, gets K bounty reward

The hacker behind the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether (

Last year in August, cross-chain Nomad Bridge appealed to exploiters that participated in a smart contract exploit that extracted $190 million in funds from the bridge in less than three hours.

Mere hours later, approximately $32.6 million worth of funds were already returned, suggesting some of the exploiters may have been white hat hackers attempting to extract funds for a later safe return.

Later in the month, nonfungible token firm Metagame even offered a “Whitehat Prize” in the form of an NFT for anyone who proved they had returned at least 90% of the funds they stole from the protocol.

Blockchain data from the Official Nomad Funds Recovery Address shows that funds continued to be returned to the recovery address since then, with the latest transaction recorded on Feb. 18 for $7,868 in Covalent Query Token (CQT).