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10/16/2022

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Cardano’s RayStake Will Be Wanted If Hackers Don’t Return Stolen ADA 412,253

Cardano’s RayStake shared details of two recent attacks that took place on October 3rd and October 10th. Hackers stole a total of 5,554,113 XRAY and 112 XDIAMOND and sold them for 412,253 ADA. The team asks the hacker to...

Cardano’s RayStake Will Be Wanted If Hackers Don’t Return Stolen ADA 412,253
Cardano’s RayStake shared details of two recent attacks that took place on October 3rd and October 10th. Hackers stole a total of 5,554,113 XRAY and 112 XDIAMOND and sold them for 412,253 ADA. The team asks the hacker to return the money, allowing him to keep 20% of it. If not, they will run a “wanted” campaign and give rewards to those who will help track down the attacker.
RayStake

On October 15, the Cardano Staking Center RayStake development team shared details of two recent attacks that took place on October 3rd and October 10th.

👨‍⚖️ We have published a summary of what happened to RayStake during the rewards incident: https://t.co/mqxoqMQobK

PS. Attacker there's an offer for you
PS2. On Monday, we will launch a "wanted" campaign with a reward of 10,000 ADA to find the attacker pic.twitter.com/UUk03Zrnb0

— Ray Network | Cardano DeFi Ecosystem (@RayNetwork) October 15, 2022

According to the share, the hacker stole a total of 5,554,113 XRAY and 112 XDIAMOND then he sold them for 412,253 ADA through Minswap dex and Sundaeswap.

RayStakeCardano's RayStake Will Be Wanted If Hackers Don't Return Stolen ADA 412,253 3

The RayStake team offered the hacker to solve this problem if he returns the ADA he received for the stolen funds to their address. In this case, they are willing to leave him 20% of that amount, pretending that he is a “white hat hacker”.

As discovered, the total amount of ADA coins held by the hacker’s address at the moment is 4,600,000, plus the 412,000 he received for the stolen crypto.

The group also said that they hold a lot of information to be able to track down the perpetrator of the hack. Therefore, if their request is not accepted on October 18th, RayStake will launch a campaign to hunt down the hacker by offering 10,000 ADA as a reward.

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