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Hacker returns stolen funds to Tender.fi, gets $97K bounty reward

Mar 08, 2023 · 1 min read · 40 points
Hacker returns stolen funds to Tender.fi, gets $97K bounty reward
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The hacker behind the oracle price exploit of Tender.fi has returned the stolen funds they obtained on March 7.

Highlights

  • The hacker behind the exploit of the DeFi lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether.
  • The exploit was executed at 10:28 am UTC on March 7, with Tender.
  • The exploiter used a price oracle glitch to borrow $1.59 million worth of assets from the protocol by depositing 1 GMX token, valued at around $71.
  • The DeFi protocol announced it had come to an agreement with the exploiter, in which the hacker would repay all loans minus a 62.16 ETH “bounty,” worth around $97k at current prices.

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