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Hackers withdrew $600,000 from the DeFi trading platform Hashflow

Peckshield analysts report Hashflow hack. A couple of hours later, representatives of the DeFi-platform itself acknowledged the incident and announced that they were working on a solution.

Attackers stole about $600,000 in crypto-assets. The company tried to assure users that their funds will be restored. The project team announced that the decentralized exchange (DEX) itself was not affected.

“We are dealing with the situation described by Peckshield.. Please be assured that: (1) All affected users will get their $600,000 back, (2) Hashflow DEX remains fully functional and unaffected. We will provide more information once the issue is resolved,” an official statement said.

Later, Hashflow representatives released instructions on how to restore funds in Arbitrum, Avalanche, BNB Chain, Ethereum and Polygon networks;

The project team also offered the community to donate 10% to the hacker in exchange for the return of the stolen funds.

The decentralized finance protocol Sturdy Finance, which was recently hacked, offered $100,000 to attackers if they returned the stolen funds.

PeckShield analysts reported that hackers stole $16 million worth of cryptocurrency during May, while unscrupulous developers stole at least $55 million from their users.