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Nomad Announces Rewarding NFTs to White Hat Hackers Who Repay Funds

By WebsCryptoAugust 24, 20221 Min Read
Nomad Announces Rewarding NFTs to White Hat Hackers Who Repay Funds
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Cross-chain interoperability protocol Nomad tweeted that it partnered with Metagame to create a revenue-earning white-hat hacker NFT to reward white-hat hackers who have paid them back.

Nomad claimed that in order to obtain this NFT, a white hat hacker must have returned more than 90% of the hacked funds to the official recovery wallet on Ethereum.

White hat hackers who have not repaid funds still have the opportunity to participate, and Metagame will automatically check the transaction history on the chain to confirm the repayment of funds. After claiming the white hat hacker NFT, the top 50 white hat hackers can also claim $100 of FF tokens.

It was reported on August 2 that Nomad suffered a hacker attack and almost all of the $190 million in its token bridge was exhausted. After checking the official recovery wallet address, Nomad has recovered $32.56 million in funds.

Related:  FTX Liquidators may Seek Compensation as Stargate Foundation Urges Against Reissuing STG Token
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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