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Hacker nearly nets US$50K in Wormhole airdrop

Wormhole team prevents hacker from claiming airdrop tokens.

From the Forkast crypto archive

The entity behind the US$320 million Wormhole exploit of 2022 was on the brink of receiving US$50,000 in W tokens through an airdrop.

The error was spotted by pseudonymous X user Pland, prompting the Wormhole team to act and prevent the hacker from claiming the tokens.

The Wormhole team’s response averted a potential reward of 31,642 W tokens to the exploiter.

The protocol, which allows for the transfer of cryptocurrencies across different blockchains, suffered a breach in February 2022, leading to one of the largest decentralized finance (DeFi) attacks that year.

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The recent airdrop is part of Wormhole’s strategy to decentralize, distributing over 675 million W tokens to legitimate users.