SpankChain Says Hacker Returned Stolen Crypto Funds
Hackers who steal 165.38 ETH on the SpankChain platform have returned funds.
A hacker who steals funds from the platform over the weekend has shared the private key of his Wallet with ETH after a phone call with SpankChain CEO Ameen Soleimani, a payment platform focused on the adult industry announced on Thursday. The company posted an ethereum transaction indicating that the stolen token was successfully recovered.
The hacker also helped the skunk chain (SpankChain) recover about 4000 BOOTY tokens frozen in the attack.
SpankChain sent a $ 5,000 reward to an undisclosed hacker, $ 4,000 for a booty token, and 5.5ETH, which the hacker used to launch an attack on the original platform. Because the hacker originally offered 5.5 ETH, SpankChain's total call cost was $ 9,000.
This news comes two days after SpankChain originally released the hack, notifying the user that an attacker has exploited a bug in the payment channel smart agreement as previously reported by CoinDesk.
The hacking originally occurred last Saturday, but the team did not know the funds that were missing until the next day due to ongoing work on other bugs.
Despite SpankChain's promise to refund the user, it was the customer's $ 9,300 ETH theft (Tuesday price).
In the original tweet, SpankChain said he has no willingness to hackers:
"Congratulations, anonymous Hako!"
Gift basket image through Shutterstock
CoinDesk, a leader in block-chain news, is a media outlet that pursues the highest standards of journalism and adheres to strict editorial policies. CoinDesk is an independent operating subsidiary of the Digital Currency Group, which invests in cryptocurrencies and block-chain startups.
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