mark81

Crypto enthusiast and investor since 2014

[Max@ @M_eyse]

@VerusCoin @Uniswap @blockaid_ @1inch - please take a look 👆

[Verus - The Internet of Value @VerusCoin]

The returned Verus bridge funds have now been converted back into the original currencies for reintegration into the Verus network.

The Verus recovery address currently holds 1,194.86 ETH (73.51% recovered), 76.0321 tBTC (73.41% recovered), and 147,727.67 USDC (100% recovered as discussed in the community meetings).

One issue we noticed is that some DEX interfaces have blocked the Verus return/recovery address. This address is not the attacker’s wallet. It is the community recovery address holding community funds.

We ask @Uniswap (your compliance department has been notified, we are still waiting for a response) @1inch @blockaid_ to review and correct the classification of the Verus recovery address (0xF9AB28cB7b72B518e6a351FbdaBe69362cBC1A74).



We ask the community to help by tagging relevant DEX interfaces, wallets, block explorers, and tracking services below, so the Verus recovery address is correctly recognized across the ecosystem.

0xF9AB28cB7b72B518e6a351FbdaBe69362cBC1A74

[Astik Mondal @Astik_Mondal_]

🚨 A CRYPTO HACKER JUST RETURNED $8.5 MILLION.

After draining $11.58M from Verus Bridge, the exploiter has sent back 4,052 ETH worth $8.5M.

But here's the twist:

The hacker kept 1,350 ETH worth $2.8M as a "bounty."

In crypto, this has become an increasingly common outcome:

Protocols negotiate. Hackers return most of the funds. A portion is kept as payment for exposing the vulnerability.

According to PeckShield, roughly 75% of the stolen assets have now been recovered, significantly reducing losses for affected users.

The bigger takeaway:

As DeFi grows, white-hat style settlements are becoming more common than endless on-chain cat-and-mouse chases.

For Verus users, this could have been a total loss.

Instead, millions are coming back.

A rare win in a market where most hacks end very differently.

#Ethereum #ETH #DeFi #CryptoNews #Blockchain

[unfolded. @cryptounfolded]

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst

[F-AI @F0rkedNft]

@TheBlockCo Would you like to setup an interview?

[Token Metrics @tokenmetricsinc]

Verus bridge exploiter returned $8.5M in ETH to avoid legal action and investigations.

[Coin Bureau @coinbureau]

JUST IN: The Verus Bridge exploiter has returned 4,052 $ETH ($8.5M) after draining $11.58M from the protocol.

The returned funds represent 75% of the stolen assets, leaving 25%, or 1,350 $ETH ($2.8M), as a bounty, per PeckShield.

[F-AI @F0rkedNft]

@sharpinvestr They took it!

[DCAL4 @DCAL4X]

@sharpinvestr The offer was accepted within the deadline. Bold move by the Verus community. $VRSC

[wolf @sharpinvestr]

Wow I can’t lie that is a big move from Verus

Offering the hacker $2.8M if they return the $11M they took

A legal $2.8M I’d be shocked if they don’t take it

[F-AI @F0rkedNft]

@XBToshi It is @VerusCoin and the team just got 4050 ETH back.

[DCAL4 @DCAL4X]

Prayers answered 🙏

The requested amount, within the deadline set by the Verus community, has been returned. The way this community came together in such a moment is extraordinary. We have remarkable and wonderful people from all over the world. $VRSC

https://t.co/Dzj8O8WIYy

[coinpary @coinpary]

🚨 Breaking 🚨

⚠️ The attacker behind the $11.58M Verus exploit has reportedly returned $8.6 million

The exploiter kept around $2.8M as a bounty reward

[Trueo @Trueo_]

RECOVERY WATCH 🧯

VERUS-ETHEREUM BRIDGE EXPLOITER RETURNS 4,052 ETH (~$8.5M), 75% OF STOLEN FUNDS.

[Verus - The Internet of Value @VerusCoin]

To the Verus<->Ethereum Bridge Exploiter:
Members of the Verus community and its developers have discussed a set of terms, detailing the size of the bounty, obligations from your side and ours, and how the funds can be returned.

1. We have agreed that the bounty amount will be 1350 ETH. If you adhere to these terms, we will consider these 1350 ETH a reward for your exposing of a vulnerability, and we would publicly request to all interested parties that the 1350 ETH be considered your legitimate bounty.
2. If the funds are returned to the address 0xF9AB28cB7b72B518e6a351FbdaBe69362cBC1A74, minus 1350 ETH, meaning a total return of 4052.4 ETH within 24 hours after this post, Verus community members and developers, and everyone we currently know to be involved in investigating the event, will halt any existing investigations into you to the best of our ability, and we will not press charges or pursue extralegal consequences. We will consider the address that holds 1350, either as change or if still in the source as the bounty address.

If you return a total of 4052.4 ETH to the address 0xF9AB28cB7b72B518e6a351FbdaBe69362cBC1A74 within the 24 hours specified above, we will understand that as your agreement to these terms, and we will uphold our stated agreement to cease further investigation into you, not initiate new investigation of you, not press charges, and not seek additional consequences. We will also post a public acknowledgement, referencing the 1350 ETH and publicly state that we consider those funds to be your bounty. If further communication is required to come to an agreement, please refer to the following contact points, as mentioned in previous messages:

email: [email protected]
z-address on Verus (for encrypted memo communication): zs1wl6e6qe8z8n8t8jp4qxek5ey53t9xajzwxc75gj72wrcwuq6ha4mdg0v8p6z8wpkz2fhxrqlayc

For confirmation that this offer is coming from the Verus Community, you can see the same message posted on the Verus Discord, in the announcements channel.

[Biz 💥 @BizMunny]

I dedicated most of the last two years of my time, toward realizing Verus’s DREAM app encryption model

Because I truly believe it can be the backbone for a safer internet

This entailed: learning full stack mobile development, zcash-style note encryption, and zip32 key management for the first time

while upgrading a rust backend, SDKs for both mobile platforms, a golang layer for lightwalletd, integrating these seamlessly with an existing mobile app, forging upgrade paths where none existed, & preserving backwards compatibility

The end result also now gives us easily attainable upgrades paths to: orchard, HD transparent addresses, and some other key scope privacy improvements too

Zcash R&D team was very helpful, but even they admitted the sheer volume of differences was hard to elucidate clearly

We are finally there. I’m quite proud of the work, and now have tons of experience at all levels of stack

Take some time to watch Michael Toutonghi’s Keynote Presentation, where he explains very cogently why you, too, should care

There are many reasons that I chose to spend my time learning and implementing on Verus. All the claims made are - put simply - gloriously true

[DCAL4 @DCAL4X]

@czbinanceprd Verus $VRSC has unlimited upside

DREAM apps 🚀

https://t.co/BHF4txW4QL

[DCAL4 @DCAL4X]

It still blows my mind that there is millions of dollars in volume happening INSIDE of basket currency AMM's at the protocol level of Verus (over 700+ million to date). These basket currencies are themselves crypto currencies that are backed by the assets in each basket.

Not on Centralized Exchanges, not through DEX's...conversions are happening inside of these currencies, with NO MEV. Every asset is accounted for at consensus.

Crypto industry innovation recognition: 🦗🦗🦗

I think what is even more surprising to me is the lack of recognition by solid OG crypto protocols that value decentralization, fair launch, community led and community funded ecosystems with no insiders. I don't think they get that if they bridged to Verus their assets could be in decentralized basket currencies and never have to be subject to getting CEX listings ever again.

Looking at some of my favorites $DGB $LTC $RVN $DOGE and wondering why they never mention or acknowledge $VRSC and what this community has built. Maybe they don't know the magnitude of what has been built. They should if they care about the above and what Crypto was supposed to be and what Verus enables for THEM...

https://t.co/vaEKEfYDFZ

[F-AI @F0rkedNft]

@VerusCoin @__fallen_icarus @MikeToutonghi @ItsDave_ADA @TheCardanoTimes @masatoalexander @shaggyrax @Purple369Minds Actually thought about it some more, will add the VerusID into the mix, now we have a way to come up with a credit score :)

[F-AI @F0rkedNft]

@VerusCoin @__fallen_icarus @MikeToutonghi @ItsDave_ADA @TheCardanoTimes @masatoalexander @shaggyrax @Purple369Minds