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Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults

Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults

DailyCoinDailyCoin2024/10/28 19:33
By:DailyCoin

Tortola, British Virgin Island, October 25th, 2024, Chainwire
 

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.

Sponsored

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 26th October 2024, 15:00 UTC, 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.

Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults image 0 Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults image 1

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 decentralized finance worldwide.

 

Contact

Manager
Henry
Aark Digital
henry@aark.digital

This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions , Privacy Policy , and Risk Warning have been recently updated.

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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.

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