Deal with the devil: Ethereum DeFi protocol negotiates with hacker of $25 millionBTC $7211 (-0.3%) • ETH $183 (+0.1%) • XRP $0.19 (-1%)
It’s been a crazy past 24 hours for users of decentralized finance, also known as “DeFi.” Over this time, devious Ethereum users managed to steal over $25 million worth of cryptocurrency from two separate protocols. The second hack, which accounts for the $25 million, is what this article will be focusing on. As it stands, no one knows who the hacker is or what their intent is — the address that perpetrated the “crime” was created just hours before the hack took place, and no one has been able to tie the address to a person’s identity through exchange data just yet. But, this hasn’t stopped people from reaching out, attempting to make negotiations with the hacker, or, better put, they’re trying to make a deal with the devil. 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