Hacker returns half of the $3.8 million they stole from NFT lender XCarnival - Aliens: AI Crypto News & Markets Updates
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Hacker returns half of the $3.8 million they stole from NFT lender XCarnival

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The Block

Mon, Jun 27, 2022

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The hacker who exploited NFT lending pool XCarnival for 3,087 ETH ($3.8 million) has returned half of the loot, according to on-chain security researcher and ZenGo co-founder Tal Be’ery.

As an NFT lending pool, XCarnival enables users to borrow funds using their collectibles as collateral for loans.

The hacker deposited one NFT, Bored Ape #5110, as collateral to borrow funds.

XCarnival contacted the hacker after the incident via on-chain messages calling for a return of the funds.

XCarnival then increased its offer to half of the stolen amount, which the hacker obliged .

The NFT lender also promised not to pursue any law enforcement action against the hacker if they returned half of the stolen funds.

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