🚀 Crypto Hot News! 🚀

- Bedrock was hacked and lost $2 million due to a security vulnerability. The hacker was invited to work on the security of the very protocol he hacked! 😲

- On September 26, Dedaub discovered a vulnerability in Bedrock's smart contract. Unfortunately, Bedrock did not react in time and lost $2 million. The hacker could have taken up to $75 million but stopped.

- On September 27, Bedrock confirmed the hack and is developing a compensation plan for investors. The team is working with audit teams and white hat hackers to recover the lost funds.

- Bedrock sent an onchain message inviting the hacker to work with them, but the hacker has not responded yet. The team pledged to protect the current funds and will reopen staking after fixing the vulnerability.

- Shezmu has also just recovered nearly $5 million from the hacker after a successful onchain negotiation. The hacker asked for 20% of the bounty instead of 10%, and Shezmu agreed.

💬 What do you think about inviting hackers to do security? Comment now! ⬇️