All funds stolen by Curve finance hacker have been returned to lending platform Alchemix. Read more:
The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including $13.6 million from Alchemix’s alETH-ETH pool.
Along with Alchemix, JPEGd’s pETH-ETH pool saw outflows of $11.4 million, and Metronome’s sETH-ETH pool was drained in over $1.6 million. The hacker targeted stable pools on Curve Finance using vulnerable versions of the Vyper programming language through reentrancy attacks.pool have now been returned.The return of funds started after the hacker accepted a bug bounty offer. Curve, Metronome and Alchemix jointly announced an initiative to recover stolen funds on Aug.
The attacker posted a message that seems to have been directed at the Alchemix and Curve teams, claiming to be willing to return the funds but only because the person didn’t want to “ruin” the projects involved. "I'm refunding not because you can find me, it’s because I don’t want to ruin your project," reads the on-chain message.confirming that 5,495 Ether has been returned by the hacker“Any further investigations or legal matters against the entity will end. We view this occurrence as a white-hat rescue,” the JPEG’d team stated.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hackThe offer comes with a guarantee of no further legal actions or involvement of law enforcement. By accepting the deal, the hacker could profit around $7 million.
Weiterlesen »
Curve Finance exploiter returns $8.5 million in stolen fundsAcross three batches, the Curve Finance exploiter returned a total of 4,820 alETH worth $8.5 million back to the protocol.
Weiterlesen »
Curve hacker behind $61M heist begins returning fundsCurve hacker behind the $61M heist begins returning funds as the protocol offers a 10% bounty and threatens legal action.
Weiterlesen »
Curve Finance exploiter returns stolen funds, teases 'I'm smarter than all of you'Across three batches, the Curve Finance exploiter returned a total of 4,820 alETH worth $8.5 million back to the protocol.
Weiterlesen »
Morning Bid: Dodging the US curve ballA look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
Weiterlesen »
Banks keep up high use of new Fed lending program after spring turmoilMonths after a string of bank failures sent shockwaves through the global banking industry, U.S. banks are still heavily using an emergency lending facility set up by the Federal Reserve to help depository institutions meet withdrawal demands.
Weiterlesen »