Cryptocurrency company Nomad is offering rewards to hackers to recover funds stolen in the $190 million hack in the past few days.
According to the statement from Nomad, anyone who returns at least 90 percent of the stolen tokens will be viewed as a white-hat hacker trying to detect vulnerabilities rather than an attacker. The remaining 10% of the refund will be given as a reward.
Nomad Will Recognize Hackers as White Hat Pirates
Due to the hack attack on Monday night, $190 million in damage was revealed on the Nomad Blockchain bridge. The attackers returned Nomad about 5 percent of its total losses a day after the 190.38 million hacking attacks.
Saying that he previously worked with crypto forensics specialist TRM Labs and law enforcement to detect hackers, Nomad said; It has also partnered with crypto platform Anchorage Digital to accept and protect recoverable funds.
With this partnership, the opportunity Nomad has launched will allow hackers to be seen as white-hat hackers. Attackers who return 90 percent of the stolen tokens do not have to give the remaining 10 percent. Nomad describes it as a reward.
Nomad CEO Pranay Mohan said in a statement;