Bitcoin24h $87,000.07-0.05%

Ethereum24h $2,913.80-0.33%

BNB24h $838.89-0.66%

XRP24h $1.86-0.81%

Solana24h $121.64-1.03%

TRON24h $0.2830-0.07%

Dogecoin24h $0.1277-1.30%

Cardano24h $0.3555-1.28%

Bitcoin Cash24h $569.79-0.89%

Chainlink24h $12.12-0.39%

On-chain ransom negotiations show ShibaSwap hacker won’t be low-balled

K9 Finance offered a low-ball bounty for the return of tokens stolen in the ShibaSwap hack, but the hacker wants 10 times the initial offer.

Explained: how crypto’s ‘largest supply chain attack’ stole just $0.05

Despite compromising packages used across the industry, the attacker netted just $0.05, as well as an attention-seeking memecoin donation.

The attacker was seemingly given authority to withdraw $41 million from Kiln while unstaking $200,000 worth of SOL.

The Venus Protocol user signed a malicious delegation transaction, granting the attacker’s contract control over their deposited funds.

According to the Bunni website, the app “maximizes liquidity provider profits in all market conditions.” Today’s losses suggest otherwise.