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Home security Hacker returns stolen domain to Ethereum

Hacker returns stolen domain to Ethereum

Just a few days ago, a hacker attacked Ethereum's web domain auction. Due to the attack, the auction was halted as the company tries to recover the losses. In fact he makes a deal with the hacker who stole the domains.

hacker

Ethereum service domains

Normally, the websites we visit daily operate with the Domain Name Servers system (DNS). This is the usual method of creating new websites and outsourcing names and domain in each. However, Ethereum has launched an alternative offering for those who wish to create their own website. This will be Ethereum Name Service's (ENS), which takes advantage of the technology Blockchain with symbol technology. This is what the hacker exploited. Thus, the .eth domains were put up for sale by public auction. The auction was held by ENS and OpenSea, and started operating on 1 September. Unfortunately, the auctions had to stop on 1 in October. This is due to a cyber attack that would allow 17 to fraudulently purchase different domains through OpenSea.

The hack, which threatened the ENS

To perform this operation, the hacker exploited one error available on the ENS platform. Thanks to this, it could make 17 a creditor of different auctions, despite the fact that special offer its not the highest for these domains. And because of the unchanged and security provided by ENS, once you acquired the domain, this could not be removed by OpenSea. The most the company could do was add the stolen 17 to a blacklist. Since then, OpenSea has made every effort to secure the return of the stolen domain. Because it offered a cash reward to the hacker in return for their return web pages. An action that seems to have worked.

Thus, the hacker promised to return the stolen domains in exchange for 25% of the proceeds from the auction. Given that the domains have been sold for $ 17.000, this deal seems to be better for OpenSea. The OpenSea auction will resume as soon as possible, according to the company: "Obviously, the hacker thought 25% was better than trying to resell the domain. Or maybe it was just generous - or we're grateful.

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