Gamma Strategies Offers Bounty to Hacker Post $3.4M Exploit

Gamma Strategies Offers Bounty to Hacker Post $3.4M Exploit

A significant chunk of the stolen funds—$2.2 million—was traced back to Tornado Cash.
Gamma Strategies has temporarily halted all vault deposits while allowing withdrawals.
An Ethereum-based liquidity management protocol, Gamma Strategies, has been exploited. As a result of this occurrence, which included the illicit removal of digital assets worth $3.4 million, Gamma has taken some measures in handling the ensuing events.
In determining the scope of this vulnerability, the blockchain security company PeckShield was essential. Approximately 211.9 Ether (ETH), or about $469,000., was the first loss estimate. Subsequent analyses conducted by PeckShield, however, put the overall damage at $3.4 million.
Vault Deposits Halted
Quite surprisingly, a significant chunk of the stolen funds—$2.2 million—was traced back to Tornado Cash, a cryptocurrency mixer. In light of the current situation, Gamma Strategies has temporarily halted all vault deposits while allowing users to continue maki

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We współpracy z: https://thenewscrypto.com/gamma-strategies-offers-bounty-to-hacker-post-3-4m-exploit/

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