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nshETH Says $375,000 In Stolen Fund Still Unreimbursed
The LSDFi protocol unshETH revealed that the hacker has agreed to release contract ownership, although around $375,000 in funds have not been refunded. According to the notification, the attacker must return the remaining monies to the indicated location by June 3 at 01:00, otherwise, the attacker will be fined $50,000. Moreover, unshETH indicated that if the hackers do not refund the cash by the deadline, legal action will be taken.
Recently, a number of KOLs stated that the LSDFi protocol unshETH vault is suspected of having a security issue, advising users to get cash out as quickly as feasible. The reason for this is that the contract owner was tampered with. The project team has been informed. Nonetheless, the team said via Discord that emergency precautions had been implemented and that the essential Ethereum fund was secure. This morning, the LSDFi protocol replied to the security issue on Twitter. According to unshETH, one of the contract’s deployment private keys was disclosed on May 31. To be safe, the official has temporarily halted the withdrawal of ETH. According to the security model, unshETH’s ETH deposit (TVL up to $35 million) is safe due to multi-signature + time lock.
Source
https://t.me/Blockchain_Explained
