‘SEAL 911’ team of white hats formed to fight crypto hacks in real time
Projects under attack can hire the SEAL 911 team of white hat hackers to combat exploits — but only after signing on the dotted line.
It started with the chaotic $190 million Nomad hack in August 2022. An exploit, or flaw in the code, was found for the bridge, and a colossal crowd of criminals rushed in to loot the funds.
In its analysis of the exploit, Immunifi said one problem was: Staying true to DeFi Principles, this hack was permissionless anyone could join in.
Plenty of white hat hackers wanted to help but were forced to watch from the sidelines due to the legal risks of pitching in.
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