Decentralization

Nomad: Hackers Can Keep 10% of Stolen Crypto if They Return the Rest

Photo: Tino Bandito (Shutterstock) The sheriff of the Nomad decentralized finance project has plastered the walls of the internet with wanted posters over a recent $190 million hack of the company’s systems. Nomad is attempting to play nice about the heist, and it’s asking the dozens of ne’er do wells to voluntarily hand in their …

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Nomad Hack Allowed ‘Mob’ of Users to Drain Bridge of $190 Million in Crypto

Graphic: Cryptographer (Shutterstock) As evidenced by its namesake, apparently there wasn’t much security stopping a hoard of wandering strangers from breaking into the Nomad DeFi project’s token bridge, allowing hundreds of unknown hackers and some users to walk away with over $190 million crypto, leaving behind a bare pittance in the project’s wallet. Late on …

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