Hacker stole USD $323 million from Wormhole protocol in wETH tokens through an exploit – DiarioBitcoin

US authorities capture nuclear engineer after receiving cryptocurrencies for the sale of secret plans - DiarioBitcoin

Hacker stole USD $323 million from Wormhole protocol in wETH tokens through an exploit - DiarioBitcoin For Angel Di Matteo @shadowargel

The team of wormhole He proposed to the person responsible to return the funds and offer him a reward of USD $10 million. It is unknown if the hacker accepted the deal.


wormhole, the protocol that allows users to move their tokens and NFT between the networks Solarium Y ethereum, was the victim of an exploit that led to the theft of at least USD $323 million.

robbery to wormhole via exploit

The security breach even led to the suspension of the service. This was reported by the team wormhole through your account Twitter, where he indicated that they were reviewing to verify the existence of the exploit in question, apologizing to users for the inconvenience caused.

Subsequently, the team wormhole confirmed the suspicions and revealed that some 120,000 were illegally mined through the exploit. wETH, whose estimated value is about USD $323 million.

The interesting thing about the matter is that a researcher revealed the existence of the exploit, to which the team of wormhole left you a message on a block through the network ethereum, where it reads:

“We realized that an exploit can be exploited in Solana VAA verification and mint tokens. We would like to offer you a Whitehat-style deal and offer you a $10 million reward for discovering this, in exchange for you returning the stolen wETH.”

Although wormhole offered this agreement, at the moment it is not known if in the end they returned the funds.

See also  “Vitalik Buterin never understood PoW mining,” says Bitcoin exchange founder

wormhole and other networks

Yes OK wormhole allows networks to interconnect ethereum Y Solarium, its operation also includes the Blockchain from Avalanche, Binance Smart Chain, Oasis, Polygon and Terra. This allows tokens to be wrapped and used in other ecosystems.

Recommended reading

Fountain: Decrypt, Twitter

Angel Di Matteo version / DailyBitcoin

Picture of unsplash

WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.

Leave a Comment

Your email address will not be published.