HomeAltcoinNomad Bridge provides a 10% reward for the recovery of stolen cash,...

Nomad Bridge provides a 10% reward for the recovery of stolen cash, with a total of $22 million recovered.


Nomad Bridge has given a 10% prize for those who return at least 90% of the platform’s total stolen assets. So far, hackers have repaid $22 million in retaliation.

Indeed, on August 1, Nomad Bridge was emptied of $190.7 million when a hacker stole 100 wBTC worth $2.3 million. Hundreds of addresses received their piece of the breach and duplicated the attack.

According to the business, hackers who return up to 90% of the assets to the official recovery address would not face legal consequences. Furthermore, Nomad praised specific addresses for their contributions to the repatriation of 16.6 million dollars.

The business was able to retrieve $22 million, or 11.6 percent of the stolen cash, in total. Since the hack, half of the money has remained unchanged. The recovered assets include $6 million USDC, $2.88 million DAI, $2.81 million QCT, $2.1 million wBTC, and $2 million USDT in stablecoins.

Nomad stated that it was aggressively collaborating with law authorities and professional firms to guarantee that monies were restored.

Leave a Reply


Ethereum outperforms Bitcoin thanks to unexplained jump of 5% in 30 minutes.

Recently, ETH/USD has performed better than Bitcoin. Indeed, at the time of writing this post, BTC is up 2.26% over the last 24 hours and...

Will the bankruptcy of BlockFi and FTX cause other businesses to fail ?

The collapse of BlockFi raises more doubts about the resilience of the cryptocurrency ecosystem. Because of their interconnectedness, many businesses appear to be vulnerable to...

Solana’s Phantom Wallet Opens to Ethereum and Polygon.

In the near future, the Ethereum (ETH) and Polygon (MATIC) blockchains will be added to the Phantom digital wallet, which was previously restricted to the...

In Europe, Ledger introduces its payment card!

This is a fresh stride in Ledger's democratization of digital assets. The Crypto Life card, which has already been introduced in the UK, is now...

Follow us


Most Popular

%d bloggers like this: