Jimbos Protocol Gives Hacker Ultimatum to Return 90% of Stolen Funds
After losing $7.5M in JIMBO tokens on Sunday, the team at Jimbo Protocol has offered the hacker to keep 10% funds and return the rest 90%.
Source: coinspeaker.com
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More than $7.5M stolen in Jimbos Protocol flash loan attack
Arbitrum-based decentralized finance project Jimbos Protocol had more than $7.5 million worth of Ethereum stolen following a flash loan attack that involved the exploitation of a vulnerability in its code, Cryptonews reports.
Source: scmagazine.com
Latest $7.5M Hack Highlights Control Screw-Up On DeFi Protocol's System Design
Malicious actors took advantage of the system's weakness to steal thousands of ETH.
Source: ibtimes.com
Hacked Liquidity Protocol Jimbos Offers Deadline to Exploiters Before Onboarding Law Enforcement
Arbitrum-based liquidity platform – Jimbos Protocol – revealed working with multiple security researchers and on-chain analysts after suffering an exploit of…
Source: biztoc.com
Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether
Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack…
Source: biztoc.com