{"id":482467,"date":"2022-08-08T22:15:00","date_gmt":"2022-08-08T19:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/white-hat-hackers-have-returned-32-6m-worth-of-tokens-to-nomad-bridge\/"},"modified":"2022-08-08T22:15:00","modified_gmt":"2022-08-08T19:15:00","slug":"white-hat-hackers-have-returned-32-6m-worth-of-tokens-to-nomad-bridge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/white-hat-hackers-have-returned-32-6m-worth-of-tokens-to-nomad-bridge\/","title":{"rendered":"# White hat hackers have returned $32.6M worth of tokens to Nomad bridge"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40c44c40751\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40c44c40751\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/white-hat-hackers-have-returned-32-6m-worth-of-tokens-to-nomad-bridge\/#%E2%80%9D_White_hat_hackers_have_returned_326M_worth_of_tokens_to_Nomad_bridge_%E2%80%9C\" >&#8221; White hat hackers have returned $32.6M worth of tokens to Nomad bridge &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_White_hat_hackers_have_returned_326M_worth_of_tokens_to_Nomad_bridge_%E2%80%9C\"><\/span>&#8221; White hat hackers have returned $32.6M worth of tokens to Nomad bridge &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvZjExNjk4YjQtZjM3Zi00ZGM1LTk2ZGYtOThmNWVhYmNkMjhmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Mere hours after the Nomad token bridge <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/address\/0x94A84433101A10aEda762968f6995c574D1bF154#tokentxns\">published <\/a>an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $32.6 million worth of funds. The vast majority of funds consisted of stablecoins USD Coin (USDC), Tether (USDT) and Frax, along with altcoins.\u00a0<\/p>\n<p>According to research published by Paul Hoffman of BestBrokers, the vulnerability of the Nomad protocol was highlighted in Nomad&#8217;s recent audit by Quantstamp on June 6 and was deemed &#8220;Low Risk.&#8221; As soon as the exploit was discovered, members of the public joined the attack by copy-pasting the initial hack transaction, which was akin to a &#8220;decentralized robbery.&#8221; More than $190 million worth of cryptocurrencies were drained from Nomad in less than three hours.<\/p>\n<p>The attack came just four months after the project raised $22.4 million in a seed round in April. As told by Hoffman, the attack took advantage of a wrongly initialized Merkle root, which is used in cryptocurrencies to ensure that data blocks sent through a peer-to-peer network are whole and unaltered. A programming error effectively auto-proved any transaction message to be valid.<\/p>\n<p><strong><em>Related:\u00a0Nomad reportedly ignored security vulnerability that led to $190M exploit<\/em><\/strong><\/p>\n<p>Not all participants of the heist were capitalizing on the opportunity, though. Almost im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely after the hack began, whitehat hackers copied the same transaction hash as the original hacker to withdraw funds for their safe return. Conversely, one hacker allegedly used their Ethereum Domain Name to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/wegobm\/350k_paid_in_ethereum_transaction_fee_transaction\/\">launder<\/a> the stolen funds, leading to the possibility of cross-verification with Know-Your-Customer information also utilizing the domain.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Nomad Bridge Funds Recovery Process<\/p>\n<p>Dear white hat hackers and ethical researcher friends who have been safeguarding ETH\/ERC-20 tokens,<\/p>\n<p>Please send the funds to the following wallet address on Ethereum: 0x94A84433101A10aEda762968f6995c574D1bF154 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/UF623JSZ8u\">pic.twitter.com\/UF623JSZ8u<\/a><\/p>\n<p>\u2014 Nomad (\u292d\u26d3) (@nomadxyz_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nomadxyz_\/status\/1554679735006859264?ref_src=twsrc%5Etfw\">August 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/white-hat-hackers-have-returned-32-6m-worth-of-tokens-to-nomad-bridge\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; White hat hackers have returned $32.6M worth of tokens to Nomad bridge &#8220; Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The vast majority of funds consisted&#8230;<\/p>\n","protected":false},"author":1,"featured_media":482468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvZjExNjk4YjQtZjM3Zi00ZGM1LTk2ZGYtOThmNWVhYmNkMjhmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,74868,4965],"class_list":["post-482467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/482467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=482467"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/482467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/482468"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=482467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=482467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=482467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}