Transit Swap ‘hacker’ returns 70% of $23M in stolen funds
Cointelegraph
Published Oct 02, 2022 10:22PM ET
Updated Oct 04, 2022 04:40AM ET
A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap.
The DEX aggregator lost the funds after a hacker exploited an internal bug on a swap contract on Oct. 1, leading to a quick response from the Transit Finance team along with security companies Peckshield, SlowMist, Bitrace and TokenPocket, who were able to quickly work out the hacker’s IP, email address and associated-on chain addresses.
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Written By: Cointelegraph
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