Hacker Hunting Near Hunted! How Many Ethereum Lost?

near network and Ethereum While the Rainbow bridge, which carries out the transfers between

In a blog post penned by Alex Shevchenko, CEO of Aurora Labs yesterday, it was stated that there was an attack on the bridge over the weekend and this attack was eliminated in 31 seconds.

“Automated watchers stopped a malicious transaction that caused an attacker to lose their locked 5 ETH.”

While users’ funds were not harmed during the attack, the attacker lost 5 ETH (around $8000).

To send a NEAR block to the bridge, 5 ETH locks were required. The attacker failed to recover the locked ETH.

A similar attack on the bridge took place on May 1, 2022, and the attacker lost 2.5 ETH. According to Alex Shevchenko, one of the founders of the Rainbow Bridge, the confirmation mechanism of the bridge is sufficient to thwart such attacks.

“Blind architecture is designed to resist such attacks.”

Shevchenko, who also made an invitation to the attackers, said, “If you really want to do something, join our white hat pirates and take advantage of the $1 million prize pool.”

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!


source site-5