Nomad: $16.6M in Total Funds Recovered to Date

Aug 04,2022
KingData News: Nomad announced the return of the stolen funds on Twitter, and to date, a total of $16.6 million has been returned to the officially designated address. As previously reported, the total amount of funds stolen in the Nomad hack was approximately $190 million.
On August 2, crypto KOL 0xfoobar posted that the cross-chain solution Nomad had been hacked, and that WETH and WBTC were being transferred out at a rate of millions of dollars each, leaving $126 million in the contract potentially at risk.