{"id":7745,"date":"2023-06-13T18:16:42","date_gmt":"2023-06-13T18:16:42","guid":{"rendered":"https:\/\/www.bitrabo.com\/community\/sturdy-finance-offers-100000-bounty-to-attacker-who-wiped-out-442-eth\/"},"modified":"2023-06-13T18:17:07","modified_gmt":"2023-06-13T18:17:07","slug":"sturdy-finance-offers-100000-bounty-to-attacker-who-wiped-out-442-eth","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/sturdy-finance-offers-100000-bounty-to-attacker-who-wiped-out-442-eth\/","title":{"rendered":"Sturdy Finance Offers $100,000 Bounty For Attacker Who Stole 442 ETH"},"content":{"rendered":"\n<div>\n<p>The Decentralized lending platform, Sturdy Finance is offering a $100,000 bounty for the hacker that stole 442 ETH from its protocol. A few days ago, a hacker exploited an Oracle price discrepancy on the protocol and looted 442 ETH worth almost $800,000. Sturdy Finance then promised to resolve the issue and deliver updates. Now, in an attempt to solve the problem, it has offered a bounty for the attacker who must return the stolen funds to a specified wallet.<\/p>\n<p>Sturdy Finance has suspended all market activities on its platforms, but other funds are safe. Reports suggest that the hacker transferred the funds through the infamous cryptocurrency mixer, Tornado Cash.<\/p>\n<p>Bounties have previously proven successful in recovering stolen funds from hackers. Euler Finance recovered 90% of its funds stolen from the protocol and Sentiment retrieved $870,000 via a bounty offer following a hack attack. However, it is not yet known whether Sturdy Finance&#8217;s bounty offer will yield similar results.<\/p>\n<figure style=\"width: 979px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Ethereum\u2019s price currently hovers above $1,738 in the daily chart. | Source: ETHUSD price chart from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/\">TradingView.com<\/a><\/figcaption><\/figure>\n<p>It remains to be seen whether or not the Sturdy Finance bounty offer will succeed; the Jimbos hacker, for instance, ignored the protocol&#8217;s $800,000 (10% of stolen funds) bounty after looting $7.5 million from the platform.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Decentralized lending platform, Sturdy Finance is offering a $100,000 bounty for the hacker that stole 442 ETH from its protocol. A few days ago, a hacker exploited an Oracle price discrepancy on the protocol and looted 442 ETH worth almost $800,000. Sturdy Finance then promised to resolve the issue and deliver updates. Now, in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7747,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Sturdy Finance Offers $100,000 Bounty For Attacker Who Stole 442 ETH - Bitrabo","description":"The Decentralized lending platform, Sturdy Finance is offering a $100,000 bounty for the hacker that stole 442 ETH from its protocol. A few days ago, a hacker e"},"footnotes":""},"categories":[316],"tags":[1824,1823,902,543,1206,1771,1825],"class_list":["post-7745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-attacker","tag-bounty","tag-eth","tag-finance","tag-offers","tag-sturdy","tag-wiped"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/7745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=7745"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/7745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/7747"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=7745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=7745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=7745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}