Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5 Million Attack on Vaults
Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH.
In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity.
As part of its recovery strategy, Aark Digital is offering a 15% bounty to the individual responsible, contingent upon the safe and complete return of the misappropriated assets.
This bounty, amounting to 225,000 USDC, is intended to incentivize the return of the funds, and additional details are available on Arkham’s bounty platform here .
Should a full recovery not occur, Aark Digitial has indicated that it will announce a distribution plan to address the situation appropriately.
The organization has set a deadline of October 26, 2024, at 8:00 a.m. PST, for the responsible party to respond, stating that it is prepared to pursue legal measures if the funds are not returned within this timeframe.
Aark Digital is committed to keeping its community informed throughout this process, emphasizing its dedication to transparency and user security.
Aark Digital will continue to release updates on the situation as they become available.
About Aark Digital
Aark Digital is a blockchain-focused project dedicated to providing secure, innovative solutions within the digital asset space.
Committed to transparency and user security, Aark Digital leverages cutting-edge technology and industry best practices to safeguard assets and build trust within its community.
Aark Digital aims to advance the growth and adoption of DeFi (decentralized finance) worldwide.
Contact
Henry , manager at Aark Digital
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME Bitcoin Friday Futures experience notable increase in institutional demand
CME’s Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest, reflecting growing demand for exposure to the digital asset market.Since their launch in late September, over 380,000 CME Bitcoin Friday Futures contracts have traded, reaching a daily average volume of 12,400 contracts.
Ethereum ETFs record highest weekly trading volume since launch
This past week, Ethereum ETFs recorded over $1.63 billion of trading volume, up over 44% from the previous week.The following is an excerpt from The Block’s Data and Insights newsletter.
Norwegian government proposes requiring disclosure of crypto asset ownership
BTC falls below $88,500