Hong Kong-based digital asset company Amber Group decoded the Wintermute hack that took place last month. The hack that occurred on 20 September caused the trading platform to lose approximately $160 million to the exploit. A little about the hack As reported by AMBCrypto earlier, the hacker made away with more than $61 million in […]
Several other altcoins worth millions of dollars were also a part of the stolen funds. The hacker gained funds spread across more than 90 altcoins.managed to recreate the hack by cloning the algorithm that was reportedly used by the perpetrator. The process, according to Amber Group, was rather quick and didn’t involve the use of any sophisticated equipment.
2. The attack was likely linked to the Profanity-type exploit of our DeFi trading wallet. We did use Profanity and an internal tool to generate addresses with many zeroes in front. Our reason behind this was gas optimization, not “vanity”
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