April 23, 2024

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Ethereum (ETH) bridge Nomad is offering actors involved in a massive hack of its platform a reward for returning stolen funds.

Earlier this week, Nomad was the victim of a hack that saw around $190 million in crypto assets disappear from its bridge.

In a statement, Nomad says,

“Nomad is announcing a bonus of up to 10% to Nomad Bridge hackers, where Nomad will consider any party that returns at least 90% of the total funds hacked to be a white hat. Nomad will not take legal action against white hats. Funds must be refunded to the official Nomad recovery wallet address: 0x94a84433101a10aeda762968f6995c574d1bf154.

Be careful of imitators and other scams.

Nomad continues to work with its community, law enforcement and blockchain analytics companies to ensure all funds are returned.”

According to Nomad, over $35.7 million has been paid out They came back to the Nomad recovery wallet from 86 different wallet addresses.

Sometime in the next few weeks the Nomad designs for sharing more details about the steps he is taking to recover from the attack.

As for black hat hackers, Nomad says it works diligently to investigate every angle to recover money from the exploit.

The work too says is partnering with TRM Labs, a digital asset security and compliance company.

“Nomad is actively working with TRM Labs and law enforcement to recover funds from black hat hackers. The Nomad Bridge hack has an unprecedented number of hackers with traceable information linked to their addresses. There will be consequences for these actors.”

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Disclaimer: The views expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and that any losses are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/iurii/Andy Chipus/Vladimir Sazonov



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