The Banana Gun, a Telegram-based cryptocurrency trading bot, has stated that it would bear the blow of USD 3 million losses following the hack that recently hit particularly veteran investors in crypto currencies.
The firm held out a promise to return to the aggrieved users all the money individually lost by them which in total is in 11 sampai attackers’ exploited 2.4 million dollars. Allowed withdrawals began on users’ cryptocurrency wallets on September 19, and the users punished this practice by Malaysian Banana Gun who then has downed his Ethereum Virtual Machine.
Telegram Users Overestimated Losses
Although it was first pointed out that the losses amounted to nearly $2 billion in ether after 36 users were impacted, it was later found that just $3 million in losses after 11 users were affected. Telegram bot acknowledged that, “no tokens will be sold for reimbursement, and all affected users will be compensated in full from the treasury of the banana gun.
Away from traditional assaults aimed at greenhorn investors, Incorporation of the proverb into interpretive cosmologies This one had more. Such as this, the hackers were active using trading bots while manual fund transfers of Ether were taking place. The company believes that the hackers made transfers through the message oracle and targeted the telegram for the transfers.
Subsequent to the war, Banana Gun adhered to the patching of the loophole and restored the orthodox functions of its EVM and Solana bots, but this time added a couple of hours transfer lockdown and 2FA on outward transfers alongside system wide audits.
The other event took place on September 21 where a hacker who managed to raid the Shezmu leveraging yield protocol and got $5 million, returned the main bulk of the funds upon a white hat bounty. Shezmu had earlier discerned an exploit in that strain of one of the stable dollar Shezmu’s ShezmuUSD (also known as ShezUSD).
Within several hours the drainer agreed to return 90% of the funds stolen from the vault. After the onchain back and forth, Shezmu started getting back daos that had certain amount of 282.18 ethers and 137 wethers and others including Dai.
