HomesecurityHacker steals $ 24 million from cryptocurrency service Harvest Finance

Hacker steals $ 24 million from cryptocurrency service Harvest Finance

A hacker has stolen about $ 24 million worth of cryptocurrency assets from Devesting (DeFi) Harvest Finance, a portal that allows users to invest in cryptocurrencies and then apply price variations for small returns profits.

Harvest Finance

The hack took place today and was confirmed almost immediately by Harvest Finance executives in messages posted on the company's account at Twitter and on its channel at Discord.

According to these messages, one hacker invested large amounts of cryptocurrency assets in service and then used a cryptographic exploit to transfer the money of the platform in his own wallets.

In all, the hacker stole $ 13 million worth of USD Coin (USDC) and Tether $ 11 million (USDT), according to a "transaction ID" released by Harvest Finance executives.

Two minutes after the attack, the hacker returned $ 2,5 million back to the platform, but the reason behind this operation remains unclear.

The company claims to have identified the attacker

In a statement posted on Discord, Harvest Finance claimed that the attack left "a significant amount of staff information of the intruder ”and described him as“ known in the cryptocurrency community ”.

In a series of messages posted on Twitter, Harvest Finance admitted that the attack was a mistake and left the door open to intruder to return the money without consequences.

The company is now offering a $ 400.000 bounty to anyone who finds a way to return the stolen money. After the first 36 hours, the bounty will be reduced to $ 100.000.


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Teo Ehc
Teo Ehc
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