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SafeMoon hacker to return 80% of stolen funds News – CoinCodeC | Crossroads News

SafeMoon hacker to return 80% of stolen funds
News – CoinCodeCap (RSS)

Key takeaways:

A hacker who took advantage of the decentralized-finance protocol Safemoon has promised to restore 80% of the $7.1 million worth of stolen money.

The vulnerability was exploited last month when a hacker used a bug in the smart contracts to deplete Safemoon’s liquidity pool.

A decentralised finance (DeFi) technology called SafeMoon is based on BNB Chain. Hackers took 27,000 BNB worth roughly $8.9 million on March 28. According to a blockchain statement posted... ...