The hacker behind the $ 7.5 million Kiloex -Exploit returned a cryptocurrency price 5.5 million US dollars 4 days after the attack.
CoinTelegraph reported on April 15, Cintelegraph, Decentralized Exchange (Dex) Kiloex, reported an exploit of $ 7.5 million.
In a surprising twist of the events, the item of the item behind the Exploit cryptocurrency price 5.5 million US dollars has returned to the Dex.
Kiloex Exploiter returns 5.5 million US dollars. Source: Peckshieldalert
“#Kiloex explosion -made addresses have returned cryptos price ~ 5.5 million USD to #kiloex,” says a post of Blockchain Security Platform Pecksalert on April 18.
The unexpected repayment occurred after Kiloex offered the hacker a bount of 750,000 US dollars -10% of the stolen amount -if they returned 90% of the looted assets.
The platform said that it worked with law enforcement and cyber security firms, including Seal-911, Slowmist and Sherlock, to uncover more concerning the activity and identity of the hacker.
The initial attack can have been caused on the idea of a “Price Oracle problem”, wherein the data utilized by an intelligent contract is manipulated or inaccurate, which ends up in exploit, said Peckshield in a post on April 14 on April 14.
This is a developing history, and further information is added as soon because it is accessible.
