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Wormhole restores stolen $326 million after major crypto bailout

Cryptocurrency platform Wormhole has recovered upwards of $326 million stolen in this week’s crypto hack, thanks to a major bailout. On February 2nd, Wormhole had announced a temporary shut down of its crypto platform as it investigated an exploit on their network. The company confirmed that Wormhole’s network had been exploited for 120,000 wrapped Ethereums (wETH) and they were working on restoring the lost funds. The bailout was made possible by industry partner Jump Crypto, part of the Jump Trading Group that also owns the venture capital (VC) firm, Jump Capital.”]

Source: https://www.bleepingcomputer.com/news/security/wormhole-restores-stolen-326-million-after-major-crypto-bailout/

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