Hacker behind $2M crypto heist receives job offer from victim protocol

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

Crypto liquid restaking protocol Bedrock lost roughly $2 million in a security exploit. In return, the attacker was offered the job of securing the very protocol it stole from.

On Sept. 26, Web3 security firm Dedaub discovered a smart contract vulnerability in multiple uniBTC vaults of Bedrock. According to Dedaub, the bug was disclosed to Bedrock but no action was taken in response to the threat. The security firm added:

The vulnerability was exploited for approximately $2 million loss. However, the attacker had the opportunity to steal up to $75 million from the uniBTC vaults. 

Read more

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.
Crypto liquid restaking protocol Bedrock lost roughly $2 million in a security exploit. In return, the attacker was offered the job of securing the very protocol it stole from.On Sept. 26, Web3 security firm Dedaub discovered a smart contract vulnerability in multiple uniBTC vaults of Bedrock. According to Dedaub, the bug was disclosed to Bedrock but no action was taken in response to the threat. The security firm added:The vulnerability was exploited for approximately $2 million loss. However, the attacker had the opportunity to steal up to $75 million from the uniBTC vaults. Read more Â