Denaria protocol exploited for ~$165,600; team offering 15% bounty ($25,600) for return of funds within 48 hours.
Security & Exploits ·
The Denaria protocol team posted an onchain message via Ethereum to the address that conducted an exploit, offering a 15% bounty worth $25,600 in exchange for the return of approximately $140,000 in stolen funds. The team set a 48-hour deadline for the return and indicated they would pursue legal action if the funds were not recovered within that window. The total amount extracted from the protocol appears to be approximately $165,600.
The message, sent from the team's wallet, frames the bounty as incentive for what it calls a "coordinated resolution" rather than adversarial recovery. By returning 85% of the stolen amount, the exploiter would retain the 15% bounty as compensation. The team also provided an email contact address for further communication.
It remains unclear whether the exploiter will respond to the offer, whether the funds have since been moved or obfuscated, or what specific vulnerability enabled the initial exploit. No additional details about the nature of the attack or the timeline of discovery have been disclosed publicly.