Tuesday, October 27, 11:55
Home security Hacker 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.


Please enter your comment!
Please enter your name here

Teo Ehc
Teo Ehchttps://www.secnews.gr
Be the limited edition.


Hacker steals $ 24 million from cryptocurrency service Harvest Finance

A hacker has stolen "cryptocurrency assets" worth about 24 million dollars from the decentralized financing service (DeFi) Harvest Finance, a web portal ...

Ransomware attack "hit" election database in Georgia, USA!

A ransomware attack hit Georgia, USA earlier this month, affecting a database used to verify ...

Data breach at the Sheriff's office in Hennepin

The Sheriff's Office in Hennepin County suffered data breaches, which resulted in the leak of information to about 1400 people.

Play Store: 21 Android apps with adware found

Google removed 15 Android apps from the Play Store over the weekend, according to a report from ...

The new KashmirBlack botnet has infected hundreds of thousands of websites

The new KashmirBlack botnet is believed to have infected hundreds of thousands of websites since November 2019.

FBI: Supports US Cyber ​​Camp for IT training and cybersecurity

The USSR and the FBI are working together to support the US Cyber ​​Camp. This...

US: Sanctions on a Russian institute for the development of Triton malware!

The US Treasury Department announced at the end of last week sanctions for a Russian research institute, which is allegedly involved ...

How to customize notifications for specific emails in Outlook

Your inbox may be flooded with junk emails. Sometimes, though, you really need to know when a particular message will arrive ...

Biomedical cyber attack: Hackers send phishing emails

Biomedical cyber attack: Hackers send phishing emails A cyber attack is underway that targets corporate users from many companies in Greece, with emails ...

How to control the brightness of your iPhone lens

It is probably no surprise to any iPhone owner that they can use the LED flash on the back of your iPhone as ...