Hackers Return $52.3M of Stolen Crypto Assets to Curve Finance
The hackers behind the recent exploit of several pools on the decentralized exchange Curve Finance have returned approximately 73% of the stolen crypto assets, accounting for about $52.3 million.
Key Points:
- Curve Finance lost $73.5 million in the hack, but has recovered $52.3 million so far.
- The hack affected four pools using a certain version of the Ethereum Virtual Machine smart contract programming language Vyper.
- Curve, Metronome, and Alchemix offered a 10% bug bounty to the attackers in exchange for returning 90% of the stolen assets.
- Alchemix received all of its lost assets, while JPEG’d and Metronome also received a portion of their stolen funds.
- Curve has extended a 10% bounty to the public for the remaining funds.
The exploit on Curve Finance resulted in a significant loss, but the exchange has managed to recover a substantial amount of the stolen assets. By offering a bug bounty, Curve, Metronome, and Alchemix were able to incentivize the hackers to return a large portion of the funds. Although the deadline for the offer has passed, Curve continues to pursue the recovery of the remaining assets by extending a bounty to the public. This incident highlights the importance of proactive measures and cooperation within the crypto community to mitigate the impact of such attacks.
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