After a Web3 protocol is hacked, the people affected naturally expect that the protocol will do their very best to recover their lost funds.
And this task undeniably often involves communicating with the attacker: a crucial step, because the exploiter usually holds all the cards. The hackers have full control of the stolen capital and can choose to communicate with the project — or disappear forever.
Understanding the mentality of a hacker and their potential motivations is therefore key to a successful outcome (or as successful an outcome can be in the case of an anonymous crypto hack).
There are many factors behind why an individual would exploit a Web3 project. The ability to…
Read more on Blockworks