THELOGICALINDIAN - In March 2022 it has been four months back the BXH Boy X Highspeed was attacked by hackers Afterwards the adventure the badge and abounding top aegis companies in the industry intervened in the analysis For this action of amends that charge acquisition out who is abaft the scenes industry practitioners And accompanying users are consistently anxious about the latest developments of contest Recently the wellknown blockchain aegis aggregation Bit Jungle said afterwards an indepth analysis In the case of the annexation of the BXH Boy X Highspeed no clues accept been begin aural the aggregation and highvalue clues to third parties accept been found
In October aftermost year, the decentralized agreement BXH of Binance Smart Chain was attacked by a hacker, and about 139 actor US dollars were stolen, which became the second-largest aegis advance in the history of DeFi at that time. For a while, there was a lot of accessible opinion, and some alike questioned the activity party’s “guardianism”. In this regard, the BXH activity aggregation has been actively responding to and ambidextrous with it, calling the badge at the aboriginal time of the incident, and publicizing the badge analysis affidavit to the alfresco world, and alike aboveboard alms a accolade to the White Hat Alliance.
Due to the huge bulk of baseborn money, this adventure acquired huge after-effects in the industry and became a hot affair of discussion. Eric, the architect of Bit Jungle, abstruse about the case from the media and abstruse that the case had encountered a bottleneck. With his able adeptness to breach the case and affluent experience, Bit Jungle aboriginal acquainted that he had the aplomb and adeptness to restore the accuracy of the BXH case and breach the aqueduct of the BXH case to let the truth. “Speaking with abstracts is the key to analytic BXH”. In short, it is to restore the accuracy of the accomplished case with cold data. Bit Jungle is actual easygoing in the industry. Due to the professionalism and acceptability of Bit Jungle in the coin-finding business, and the actuality that Bit Jungle has recovered huge agenda asset losses for abounding blockchain industry leaders in the accomplished three years, the case entrusted to Bit Jungle Most of the losses exceeded 10 million.
The blockchain industry has gradually formed a acceptability that “bit boscage is the best way for baseborn users to balance agenda assets and the aftermost hope”.
Bit boscage was complex in this case about late. At that time, added than ten blockchain aegis companies were involved, including about all acclaimed calm blockchain aegis companies. The apprehension of the case was encountering a aqueduct and was in a stalemate.
Yes, analytic a case is a actual difficult thing. Digital asset annexation cases generally absorb transnational atramentous industry able teams, and the cases are generally acutely circuitous and difficult to detect. The requirements for the adeptness of blockchain aegis companies to break cases are additionally actual high. Not alone the able adeptness of absolute and analytical traceability is required, but additionally the affluent acquaintance in arise all-embracing cases. Alone on this apriorism can the case be solved. The apprehension of huge blockchain cases has college requirements for customers, because “finding money” or aegis traceability is about a ability confrontation, and the amount abaft it is actual high. Bit boscage has been absorption on the “coin search” business for abounding years, with an all-embracing advance of added than 10 actor yuan.
For customers, allurement baseborn users to pay afore there is no aftereffect is alike to worse and unacceptable. There is no assets for Bit Jungle, it is not business but charity. Bit Boscage durably believes that alone business can comedy a greater amusing value. This acutely chicken-or-egg abstract catechism lies amid the BXH activity affair and Bit jungle. Both parties are cooperating, but they additionally crave costs.
Under such circumstances, Neo Wang, the broker of the BXH project, and Eric, the arch of Bit Jungle, fabricated a million-dollar bet to acquisition hackers. The aspect of this bet is absolutely a aloof action adjoin crime. Bit boscage said: “At present, there accept been hacking incidents in DeFi, and aegis issues accept become more prominent. Bit boscage is actual assured and able of acceptable this bet and abating the accuracy of the BXH annexation incident.”
Preliminary allegation are out
On March 1, Bit Jungle appear the basic analysis cessation of the annexation of the BXH:
At present, the advance of the case is in cooperation with the badge investigation. The assay after-effects of several aegis companies appearance that the annexation of BXH can be bent to be a third-party aegis attack. There is no agnosticism that there are mistakes and loopholes in the clandestine key administration of the BXH project, and the “high-value clues to a third party” apparent during the Bit Jungle assay may accompany a about-face for the theft.
The BXH annexation was sparked by a leaked admin key that was acclimated to bankrupt best of the deployed BSC strategies. “Assets of about 139 actor U.S. dollars are apprenticed to leave clues in the alteration process.” Bit Jungle is assertive that “we will do aggregate we can and try our best to add barriers to the aegis of the DeFi field.”
For Bit Jungle, we achievement added bodies will apperceive about this million-dollar bet. The purpose is to accession everyone’s acquaintance of the aegis of agenda assets and anticipate the annexation of agenda assets from causing their own bread-and-butter losses.
In addition, we additionally attending advanced to added bodies accommodating in the analysis of this case and witnessing the tit-for-tat battle amid atramentous and white in the blockchain world. I achievement Bit Jungle can prove its account in this bold and add a lot of blush to the safe development of DeFi.
