The Orbit Chain developers said they have involved law enforcement agencies to help track the hackers and possibly freeze the stolen funds.
Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users.
Ledger claims that the funds were drained in less than two hours, after which it came on top of the situation.
Losses from the attacks on Poloniex, HTX and Heco Bridge accounted for almost 70% of all the losses in crypto hacks that were registered in November.
Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million.
A recent message that Kronos sent to the hacker shows the firm requesting that the attacker return 90% of the stolen funds.
KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack.
What has surprised many observers closely monitoring these illicit activities is the recurring association of these hacks with platforms connected to Justin Sun.
Despite the shutdown of Inferno Drainer, the crypto community remains vigilant as other providers, such as Pink Drainer and Angel Drainer, continue their operations.
Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs.
Additional details have revealed that the HTX hacker stole over $13 million from hot wallets, swapped to ETH, and then distributed the funds.
InfStones explained it conducted an internal review revealing no further threats. The blockchain infrastructure provider also invited an external security firm to audit its systems and company policies.
Atomic Wallet states that most of the users impacted by the hack do not actually reside in the United States, and only one plaintiff out of the entire class action lawsuit is based in Colorado, where the suit was initiated.
Solana argues that an attacker would still need the permission of the phone owner to gain entry.
The scam was reported by blockchain security analyst ZachXBT on Sunday hence resulting in Microsoft removing the fake Ledger Live application to avoid further damage.