India-based crypto alternate WazirX is rising a reward supply in hopes of recovering the $230 million that hackers stole from the platform.
In a brand new announcement, WazirX says they’re rising the reward to 10% of the stolen funds, or $23 million.
“We invite white hat hackers, blockchain forensics consultants and cybersecurity professionals from all over the world to be part of this essential mission and shield the integrity of the crypto ecosystem. For extra particulars on how one can help within the restoration, please go to our up to date weblog publish.”
White hat is a pc time period used to describe an moral safety hacker.
WazirX says that the reward program is anticipated to run for three months, however could possibly be prolonged.
“This reward might be disbursed solely after and topic to the profitable receipt of the stolen quantity by WazirX. The mentioned rewards shall be payable in USDT or within the type of recovered funds on the sole discretion of WazirX.”
The platform was hacked final week.
Blockchain monitoring agency Lookonchain mentioned that the stolen funds embody $52.5 million price of Ethereum (ETH), $102 million price of Shiba Inu (SHIB), $11.24 million price of Polygon (MATIC), $7.6 million price of Pepe (PEPE), $3.5 million price of Gala (GALA) and $5.79 million in Tether (USDT).
Lookonchain additionally mentioned that the hackers had been shortly promoting the digital belongings.
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