The Good Tech Companies - Aark Digital Offers 15% Bounty to Hacker Responsible for $1.5M Attack on Vaults

Episode Date: October 26, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/aark-digital-offers-15percent-bounty-to-hacker-responsible-for-$15m-attack-on-vaults. In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #aark-digital, #chainwire, #press-release, #aark-digital-growth, #crypto-exchange, #crypto-trading, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. The project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. Aark Digital is offering a 15% bounty to the individual responsible, contingent upon the safe and complete return of the misappropriated assets.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Arc Digital offers 15% bounty to hacker responsible for $1.5 million attack on vaults.by Chainwire. Tertola, British Virgin Island, October 25, 2024, Chainwire, Arc Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project has launched 24-7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. As part of its recovery strategy, ARK Digital is offering a 15% bounty to the individual responsible, contingent upon the safe and complete return of the misappropriated assets. This bounty, amounting to 225,000 USDC, is intended to incentivize the return of the funds,

and additional details are available on Arkham's bounty platform here. Should a full recovery not occur, ARK Digital has indicated that it will announce a distribution plan to address the situation appropriately. The organization has set a deadline of the 26 October 2024, 1500 Coordinated Universal Time, for the responsible party to respond, stating that it is prepared to pursue legal measures if the funds are not returned within this timeframe. ARK Digital is prepared to pursue legal measures if the funds are not returned within this time frame. ARK Digital is committed to keeping its community informed throughout this process, emphasizing its dedication to transparency and user security. ARK Digital will continue to release updates on the situation as they become available.

About ARK Digital ARK Digital is a blockchain-focused project dedicated to providing secure, innovative solutions within the digital asset space. Committed to transparency and user security, ARK Digital leverages cutting-edge technology and industry best practices to safeguard assets and build trust within its community. ARK Digital aims to advance the growth and adoption of decentralized finance worldwide. Contact manager Henry ARK Digital Henry at aark.digital. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.