Fun

Wormhole bridge hacker from 2022 was briefly eligible for the recent airdrop

News Feed - 2024-04-04 02:04:09

Tom Mitchelhill3 hours agoWormhole bridge hacker from 2022 was briefly eligible for the recent airdropThe hacker who once stole over $320 million from the Wormhole bridge appears to have been initially eligible to claim a Wormhole airdrop that would have netted them $50,000.938 Total views16 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe hacker behind the infamous $320-million exploit of the Wormhole bridge in 2022 was initially deemed eligible for an airdrop that would have seen them claim $50,000 in newly launched W tokens. 


In an April 4 post to X, pseudonymous researcher Pland claimed that the Wormhole team had forgotten to exclude a number of wallet addresses affiliated with an exploit that saw hackers steal $321 million in crypto from the cross-chain bridge in 2022.


According to data from Solana-based airdrop checker Airdrop.link later cited by Degen News in an April 4 post to X, a total of four wallet addresses connected with the exploit were temporarily able to claim Wormhole’s airdrop.Source:Degen News


If the hacker had elected to claim their airdrops, they would have been eligible for roughly 31,642 Wormhole (W) tokens worth around $50,000 at current prices.


Cointelegraph independently checked the wallet addresses on Airdrop.link; however, we found that they were no longer eligible, suggesting that the Wormhole team may have already plugged the gap.


Cointelegraph contacted Wormhole but did not receive a response by the time of publication.


All four of the eligible wallet addresses were flagged as being linked to the 2022 Wormhole exploit by Solana block explorer Solana.fm.


Related:Wormhole crosses 1B in cross-chain messages ahead of token launch


The Wormhole bridge was exploited for a staggering $321 million in February of 2022, rendering it one of the largest hacks in the history of the crypto industry.


However, in February 2023, Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app conducted a “counter exploit” on the Wormhole protocol hacker.Source: Spreek


The two firms managed to successfully claw back a total of $225 million in digital assets from the wormhole exploiter and subsequently returned them to safe wallets.


On April 3, Wormhole announced that it would be airdropping more than 675 million — worth roughly $850 million at current prices — of its new Wormhole (W) tokens to eligible users.


Magazine:‘SEAL 911’ team of white hats formed to fight crypto hacks in real time# Blockchain# Cryptocurrencies# Altcoin# Hackers# Airdrop# HacksAdd reactionRead moreWormhole, Ethena and Waves are top 3 ‘trending’ tokens right now: SantimentWormhole’s huge airdrop attracts scammers, spoof tokens and a $3B valuationMemecoins were ‘most profitable crypto narrative’ in Q1 2024 — CoinGecko

News Feed

Mark Cuban claims his Gmail was hacked after receiving hoax call
Ciaran LyonsJun 23, 2024Mark Cuban claims his Gmail was hacked after receiving hoax callBillionaire investor Mark Cuban claims that any email sent from his account “after 3.30pm” Pacific Standard Time on June 22 was
Zhiyuan Sun16 hours agoBreaking: Coinbase to suspend USDT trading for Canadian usersUsers will still be able to deposit and withdraw USDT, DAI and RAI after the deadline, but trading will be suspended.10171 Total views27
Derek Andersen11 hours agoChair Gensler says SEC reaction to Ripple decision is mixed, still under considerationGensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
BTC"s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in Novemb
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% The Central Bank of the Argentine Republic says starting i
BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — But What’s Coming For ETH?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars Authorities in Indonesia do not intend to follow China’s example of imposing an outri
Samsung secures $6.4B grant to expand Texas chip manufacturing: Report
Zoltan Vardai13 hours agoSamsung secures $6.4B grant to expand Texas chip manufacturing: ReportThe South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end
If Dogecoin Falls Below This Level, A Freefall To $0.06 Is Possible: Analyst
Este artículo también está disponible en español. In a post on X on Tuesday, crypto analyst Ali Martinez (@ali_charts) shared a long‐term Dogecoin (DOGE) price chart hi
Marcel Pechman6 hours agoBuffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?Two investment moguls are betting on different directions for inflation and Treasury yields, with poten
Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu