tl;dr
A decentralized money-lending protocol, zkLend, built on Ethereum's scaling solution Starknet, is offering a bounty to the hacker who stole over $9 million in assets from its platform. The protocol is asking the hacker to return 90% of the stolen funds (approximately 3,300 ETH) to a specific Ethereu...
A decentralized money-lending protocol, zkLend, built on Ethereum's scaling solution Starknet, is offering a bounty to the hacker who stole over $9 million in assets from its platform. The protocol is asking the hacker to return 90% of the stolen funds (approximately 3,300 ETH) to a specific Ethereum address and keep the remaining 10% as a reward. If the hacker complies, zkLend will release them from any liability related to the attack. However, zkLend warns of potential consequences if the funds are not returned by the set deadline on February 14, 2025, stating that they are working with security firms and law enforcement and will proceed with tracking and prosecution if necessary.
The hacker's wallet currently holds $7,021,001.31 in crypto assets, including 2,551 ETH worth $2,751.92.
A decentralized money-lending protocol built on the Ethereum (ETH) scaling solution Starknet is taking action to recover the funds stolen from its platform. In a post on the social media platform X, zkLend issued a bounty offer to the hacker who siphoned more than $9 million worth of assets in a security breach this week. The protocol tells the exploiter to return at least 90% of the stolen funds and, in return, keep the remaining 10% as a reward. “To the hacker: We understand that you are responsible for today’s attack on zkLend. You may keep 10% of the funds as a whitehat bounty, and send back the remaining 90%, or 3,300 ETH to be exact, to this Ethereum address: 0xCf31e1b97790afD681723fA1398c5eAd9f69B98C” zkLend says it will release the bad actor from any liability related to the attack once it receives the transfer. It also warns of the potential consequences if the amount is not returned by the set deadline on Friday. “We are working with security firms and law enforcement at this stage. If we do not hear from you by 00:00 UTC, 14th Feb 2025, we will proceed with the next steps to track and prosecute you.” The hacker’s wallet currently holds $7,021,001.31 in crypto assets, which includes 2,551 ETH worth $2,751.92.