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RayNetwork Team Offers Settlement to Hacker to Receive White Hat Hacker Reward, or 10,000 Coins Bounty Reward to Find the Hacker.

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by COINS NEWS 112 Views

Earlier this month, over 5.5M XRAY tokens were stolen by a hacker in the RayStake vending machine where rewards are claimed.

The Ray Team published a summary of what happened during the rewards incident to RayStake.

https://raynetwork.medium.com/franken-attack-80140b63749f

in this summary they explain how the hack happened, showing transactions and addresses so they can be easily tracked and monitored. the interesting part is the team offering 20% of the stolen funds as a white hat hacker reward because they respect and understand the benefits of white hats to find vulnerabilities so that they can be fixed.

OR

if the hacker does not accept the offer the ray team will be offering 10,000 ADA reward to find the hacker. there are plenty of foot prints to follow. if either of these happen, it will be a good thing.

the hacker currently has a wallet with 4.6M ADA and I'm sure this wallet will be watched like a hawk by Ray supporters.

submitted by /u/Scarecrow4980
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