Abracadabra offers 20% bounty hacker after a violation of $ 13 million
Abracadabra Finance has confirmed that the security exploitation of influence on its gmcauldron smart contracts, resulting in about $ 13 million and takes steps to get funds.
The protocol has since prevented borrowing in all boilers and cooperates with Blocchain security firms for monitoring stolen funds, in accordance with the Company statement.
The attackWhich Blocchain Security Firm Peckshield marked firstThe target integration between GMKS decentralized exchange and Abracadabra lending contracts.
“Complete damage attacks currently evaluated. We work together with keeper audits, GMKS and other security peers to identify the execution of haka” ” published.
Abracadabra noticed that his gmcaulrones were subjected to the audit of guard before deployment and integrated into multiple security tracking systems – including zeroshadov for tracking and hexagate tracking software. Despite these measures, the violation was discovered only after the attacker performed several transactions.
Zeroshad’s team eventually warned Abracadabra, which requested immediately off all borrowing functions.
The Charnichain Analytics Charnaiza is entered to follow the stolen property that is bridged by arbitrums (Bow) to Ethereum (El) and consolidated in at least three addresses.
Abracadabra offers an attacker on a striker of 20% of bugs to return the remaining funds, stating:
“For hacker, we were happy to entertain a group of 20% of the total number. Reach yourself on (e-mail protected) or in the chain to our slight address at ETH 0XDF2C270F610DC35D8FFDA5B453E74DB5471E126B. “
Full post-mortem will be published after the completion of the investigation, the company announced.
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2025-03-25 20:02:00
