On-chain data shows that the hacker who attacked Tender.fi, the Arbitrum ecological lending protocol, has returned the funds, and the Tender.fi team agreed to pay the hacker 62 ETH ($96,500) as a bounty.
The official team said a post-mortem review is ongoing.
According to reports yesterday, Tender.fi was suspected of being attacked by white hat hackers, resulting in a loss of US$1.59 million. Officials said all lending activities have been suspended.
An investigation by security firms PeckShield and BlockSec revealed that hackers used Tender.fi’s misconfigured oracle to borrow $1.59 million worth of crypto assets, with the collateral being just one GMX token worth $70. (The Block)
