Whilst the exploit could have netted $225 million worth of ETH, an ethical hacker scored just one quarter of the maximum bounty after uncovering the vulnerability in the Ethereum-Arbitrum Nitro bridge.
“We could either selectively target large ETH deposits to remain undetected for a longer period of time, siphon up every single deposit that comes through the bridge, or wait and just front-run the next massive ETH deposit.”
The hack could have potentially netted tens or even hundreds of millions worth of ETH, as the largest deposit riptide recorded in the inbox was 168,000 ETH worth over $225 million, and typical deposits ranged from 1000 to 5000 ETH in a 24-hour period, worth between $1.34 to $6.7 million. Despite the earning potential from the ill-gotten gains, riptide was thankful that the “extremely based Arbitrum team” provided a 400 ETH bounty, worth over $536,500, however they added later on Twitter that such a find “should be eligible for a max bounty,” which is
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