White hat hacker says ‘I recovered most of the stolen funds from the nomads and all I got was this stupid NFT’

The hackers behind the $190 million theft from Nomad Bridge are actually being rewarded with white hat-themed non-fungible tokens (NFTs) in the event that they return practically all of the funds they stole from the protocol earlier this month.

The distinctive NFT, depicting solely a white magician’s hat, is being provided by NFT firm Metagame and could be created by those that return no less than 90% of their stolen funds to the nomads.

1/ Our associates at @metagame created a present NFT due to the whitehats who returned the funds from the Nomad Bridge hack. Go to https://t.co/TWwuJwnRXj to say it!

— Nomad (⤭⛓) (@nomadxyz_) August 23, 2022

“If you have not refunded but, now you can! The metagame robotically checks your on-chain transaction historical past,” the Nomad staff mentioned through Twitter on Wednesday.

Speaking to Cointelegraph, Metagame founder Brenner Speer famous that “they don’t know if somebody will return the funds as a result of of this, or they will not,” a transfer that’s half of a broader effort to encourage and assist good conduct in the sector. :

“I assist individuals who do the proper factor for the incorrect causes. More proper issues will occur and perhaps folks will begin doing extra proper issues for the proper causes.

A non-fungible token has no operate because it basically serves as a trophy to symbolize an act of goodwill. The first 50 folks to refund in reference to this promotion may also obtain 100 FF tokens price about $53 from the Web3 Forefront platform.

We teamed up at @Metagame with @nomadxyz_ @nomadxyz_, @divine_economy @divine_economy and @forefront__ @forefront__ to create a free NFT by Nomad’s whitehat hackers.

Here’s what occurred right here and why we charge this elite white hat group…

— brenner.eth (@BrennerSpear) August 23, 2022

Nomad Bridge was initially hacked on August 2, when unhealthy actors found a safety gap in Nomad’s sensible contract that allowed them to withdraw funds they didn’t personal via suspicious transactions.

According to a forensic evaluation carried out earlier this month by Peter Kacherginsky, Coinbase’s lead blockchain risk intelligence researcher, and Heidi Wilder, a senior affiliate with the Special Investigations Team, a whole lot of copycats have joined the marketing campaign by copying however barely modifying the code used to launch the hack. Target token, token worth and recipient addresses.

The idea would not appear to have caught on a lot on Twitter, nonetheless, with many customers taking the time to play with the thought. Hazmond wrote: “Would be inspired…”, whereas @aldy_argr questioned whether or not it was “a comic’s account?”

“Is this what the staff prompt to resolve the downside? Rewarding a hacker with a nugatory NFT?” hinzpak mentioned, with the Metagame staff replying that “it was Metagame’s thought and created by Metagame – we simply got here up with it, Nomad. They have extra essential issues to concentrate on!”

On August 8, Cointelegraph reported that white hat hackers had returned about $32.6 million of the complete $190 million stolen.

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