Hacker Returns 90% of Stolen Funds to zkLend

On February 12th, zkLend, a decentralized lending platform, announced that it had been the target of a hacker attack. In an unusual turn of events, the hacker offered to return 90% of the stolen funds (3,300 ETH) to zkLend's Ethereum address, keeping only 10% as a white-hat bounty. zkLend agreed to waive any liabilities related to the attack upon receiving the transfer.

Prior to this incident, zkLend had reported a security incident and promptly paused the protocol's withdrawal feature. The team advised users to cease deposit and repayment actions to prevent further losses. They are currently investigating the root cause of the attack and will provide additional updates once more details are confirmed.

The hacker's decision to return a significant portion of the stolen funds and accept a white-hat bounty is a rare occurrence in the world of cryptocurrency hacks. This incident highlights the importance of responsible disclosure and cooperation between hackers and affected parties in the interest of security and transparency.

As the cryptocurrency industry continues to grow, so does the need for robust security measures and responsible behavior from all parties involved. This incident serves as a reminder that even in the face of adversity, cooperation and responsible action can lead to positive outcomes.