Whitehacking is exploiting a project's smart contracts with the intention of returning funds.
We make the case that unauthorized, third-party whitehacking of someone else's smart contracts is extremely unethical and could result in real liability.
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@immunefi
What about the case when an exploit becomes public knowledge, and there is still value to be saved but it’s a matter of minutes? See:
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Hard to make an ethical argument against whitehatting funds in these instances?
About 240k COMP tokens (~$70m) have been given away already and another 40k (~$13m) will likely be given away soon. If you had supplied tokens before today, go try your luck.
It will be interesting to see if Compound requests users to return the extra tokens (like Alchemix did)
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@immunefi
cringe post, its perfectly fine if the funds get returned to who they belong.
i would actually go out to say it would morally grey to *not* rescue them if youre waiting for a response from the team. every second matters when real money is on the line.
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@immunefi
What if we can drain the whole contract, and the company is not having bug Bounty program 🫣 ?
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@immunefi
i think this is a silly article but don't really feel inclined to comment - except to say that for whatever it's worth, "whitehacking" is not actually a word. (at least when googled, the top results are from immunefi themselves.) and "unauthorized whitehacking" is an oxymoron.
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@immunefi
@SushiSwap
because the devs think so since they usually locked the funds on purpose lol
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