Adshares Wrapper contract exploited; team offering 10% whitehat bounty for 90% asset return within 72 hours.
Security & Exploits ·
An Adshares Wrapper smart contract vulnerability has been exploited, with assets drained from the protocol. The team has publicly responded via an on-chain message offering the attacker a whitehat settlement: retain 10% of the drained funds as a bounty in exchange for returning 90% within 72 hours.
The proposal frames the incident as a voluntary disclosure arrangement, contingent on asset recovery. Adshares has stated it will forgo civil and criminal action if the 90% threshold is met within the specified timeframe. The message also notes that law enforcement has been notified and session data logged.
It remains unclear whether the attacker will comply with the terms, what the total value of drained assets is, or whether the exploit resulted from a specific code flaw or a broader design vulnerability. The 72-hour window creates a hard deadline for resolution, but no public statement from the attacker or confirmation of recovery has yet been reported.