An unknown hacker who attacked DEX Curve Finance has started a refund. At the time of writing, he sent back more than $20 million worth of assets.
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We would like to thank the @CurveFinance exploiter for returning a total of 4,819 $alETH and 2259 $ETH so far.
We are looking forward to continued collaboration, resulting in the return of remaining funds.
— Alchemix (@AlchemixFi) August 4, 2023
“We thank Curve Finance cracker for returning 4819 alETH and 2259 ETH [всего около $12,3 млн]. We look forward to further cooperation, which will lead to the return of the remaining funds,” wrote Alchemix.
In a message to transactions the hacker explained his decision not by fear of being caught, but by unwillingness to destroy the project.
“Maybe that’s a lot of money for a lot of people, but not for me. I’m smarter than all of you,” he wrote.
The JPEG’d project also confirmed the return of 5494 WETH (more than $10 million). The hacker received the promised 10% reward of 610.6 WETH ($1.1 million).
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The JPEG’d DAO confirms receipt of 5,494.4 WETH back to the JPEG’d Multisig for a total of 5,495.4 WETH. A 10% white-hat bounty of 610.6 WETH was awarded to the owner of the address that recovered funds from the pETH exploit.
— JPEG’d (@JPEGd_69) August 4, 2023
On July 30, an unknown person attacked Curve Finance’s stablecoin pools using a vulnerability in the Vyper code. Initially, the total loss from the hack was estimated at $47 million. According to Defi Flamethe amount increased to $61.7 million.
The incident affected Alchemix, JPEG’d, MetronomeDAO, Ellipsis and deBridge projects. More than 450 pools were at risk due to the bug.
A few days after the hack, the CRV token lost about 30%, dropping to $0.5. After that, the asset began to recover – at the time of writing, CRV is trading at $0.63.
Binance CRV/USDT Hourly Chart. Data: TradingView.
Recall that Tron co-founder Justin Sun and Huobi co-founder Jun Du purchased 5 million CRV and 10 million CRV, respectively, from Curve Finance founder Mikhail Egorov at a below-market price of $0.4 per token.
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2023-08-05 10:56:53
#hacker #hacked #Curve #returned #stolen #assets #ForkLog
