Bittime – The crypto world has been shocked again by unexpected news. The hacker responsible for the phenomenal theft of $320 million from the Wormhole bridge in 2022, was once indicated as eligible to take part in Wormhole's latest airdrop!
According to research by anonymous researcher Pland published on April 4, the Wormhole team forgot to exclude several wallet addresses related to the hack.
This hack resulted in the loss of $321 million in crypto assets stolen from the Wormhole cross-chain bridge.
Are there 4 wallet addresses that become hackers?
Data from Airdrop. link, a Solana-based airdrop checker, later cited by Degen News on April 4, corroborates Pland's findings.
A total of four wallet addresses associated with the hack are currently listed as eligible to claim the Wormhole airdrop.
If the hacker does claim the airdrop, they could get around 31,642 Wormhole (W) tokens worth $50,000 (current rate).
Cointelegraph tried to carry out independent verification of the wallet address on the Airdrop. link.
However, the Cointelegraph team discovered that these addresses are now no longer eligible, indicating that the Wormhole team may have closed this security hole.
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According to the Solana block explorer, Solana. fm, the four wallet addresses that met these requirements were indeed marked as being related to the Wormhole hack in 2022.
As a flashback, the Wormhole Bridge was the victim of a massive hack worth $321 million in February 2022. This event was one of the largest hacks in the history of the crypto industry.
However, in February 2023, Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis. app successfully carried out a “counter exploit” against Wormhole protocol hackers.
The two firms successfully recovered a total of $225 million in digital assets from Wormhole hackers and then returned them to secure wallets.
On April 3, Wormhole announced its new Wormhole (W) token airdrop worth over 675 million tokens, or approximately $850 million (current exchange rate), to qualified users.
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Event and Impact Analysis
The incident of Wormhole hackers briefly qualifying for the latest Wormhole airdrop raises several basic questions.
1. Negligence or Strategy?
The Wormhole Team has not provided an official statement regarding this matter. It is possible that this was the Wormhole team's negligence in excluding wallet addresses associated with the hack.
However, this does not rule out the possibility that this was a deliberate strategy. The Wormhole team may want to lure hackers into claiming the airdrop, thereby enabling the tracking and identification of said hackers.
2. Wormhole Reputation and Impact on Airdrops
News that hackers were able to take part in this airdrop, even though it didn't happen in the end, could hurt Wormhole's reputation. Crypto users may question the credibility and security of the Wormhole protocol.
Additionally, the potential for malicious hackers to claim airdrops they are not entitled to may reduce user interest and trust in Wormhole airdrops.
3. Security and the Future of Wormholes
This incident became an important highlight for the Wormhole team to improve the security of their platform. Implementing stricter audit and checking mechanisms to prevent similar things from happening again needs to be a priority.
User trust is the main capital for Wormhole to continue operating and developing in the future.
Conclusion
The incident of the Wormhole hacker who was able to take part in the latest Wormhole airdrop is an interesting case that needs to be studied. Although this security gap has ultimately been closed, this incident highlights the importance of security and credibility in the crypto ecosystem.
Crypto project developers need to remain vigilant and implement comprehensive security measures.
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