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Official Statement regarding the Hacking of the First Grey Hats Ideas Competition Site

Official Statement regarding the Hacking of the First Grey Hats Ideas Competition Site

Published: 28 Jan 2021 Updated: 15 Feb 2024

Today First Grey Hat Hackers Ideas Competition website developed by the community led by Mr Leo Andreo has been hacked.

Hackers have left the message on the site containing the information regarding their plans to develop an innovative project ensuring security for all DeFi products.

The technical staff of Hacken team has contributed efforts to restore access to the site. Hacken CEO Dyma Budorin comments:

“We have helped our community restore the work of the site. That has not been a typical hacking. The hackers have decided to present themselves and apply for participation in the hackathon in such a way. We have contacted them to clarify the project’s details. Although we do not support hackings, the project in question devotes attention. We suggest that the project has the potential to have an impact on the further development of the DeFi market.”

Currently, the site is operating in normal mode and the data of the users who have left applications has not been damaged. All applications sent will be viewed in a manner prescribed by the event’s procedure.

We would like to remind you that applications have to be sent by 31 January, 11:59 pm (UTC +2).

Submit your product or service idea and get the attention you deserve by winning the competition! Who knows, maybe your project will become the next great sensation!

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