The hacker unsuccessfully attacked the Rainbow Bridge cross-bridge and lost 5 ETH

The Rainbow Bridge cross-bridge successfully repelled the attack of an unknown hacker, which he undertook on August 20. This was told by CEO Aurora Labs Alex Shevchenko.

🧵 on the rainbow bridge Attack During the Weekend
Tl; DR: Similar to May Attack; No User Funds Lost; Attack Was Mitigated Automatically Within 31 Seconds; Attacker Lost 5 Eth. Pic.Twitter.COM/clne2L8VGZ

– Alex Shevchenko 🇺🇦 (@Alexauroradv) August 22, 2022

The attacker sent a fabricated NEAR block, which required a deposit of 5 ETH (more than $ 7850 at the time of writing). According to Shevchenko, the unknown expected that on Saturday morning, it would be difficult for developers to react to the attack.

6/15 The Transaction Was Successfully Submitted in the Ethereum Blockchain in the Block 15378741 on Aug-20-2022 04:49:19 PM +UTC.
Note The Time of Attack: An Attacker Was Hoping that Its Woold Be Complicated to React on the Attack Early Saturday Morning.

– Alex Shevchenko 🇺🇦 (@Alexauroradv) August 22, 2022

The system automatically rejected the fabricated unit 31 seconds after sending the transaction. As a result, the hacker lost his deposit, users’ funds were safe.

Shevchenko added that they tried to hold a similar attack on May 1. He invited the attacker to participate in the Bounty program of the second-level protocol (L2) NEAR instead of “stealing users and suffering with their laundering”.

The Near Protocol team launched the Aurora L2-protocol for interacting with Ethereum in May 2021.

In May 2022, Aurora developers opened a fund of about $ 90 million to accelerate the creation of Defi applications. Later, the 1inch Network project announced integration with the https://gagarin.news/ua/news/yet-another-lawsuit-for-binance/ Ethereum virtual machine of the platform.

Recall that in August, the head of the Aurora Labs products department, Matt Henderson, revealed the “exciting and sophisticated” scheme of fraud with a cryptocurrency OTC -dodge, which he almost became a victim.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.