Deadline passes for Curve Finance hacker to return stolen funds
Last week, Curve Finance was hit by a multi-million-dollar exploit. The team set a deadline for the attacker to return the funds voluntarily, but that deadline has now passed. The Curve team has extended the bounty for doxxing the hacker to the public. The reward for identifying the exploiter and leading to their conviction in court is 10% of the stolen funds. The deadline sparked skepticism and criticism on Crypto Twitter. Some speculate that the attack could be the work of the North Korean hacker group Lazarus. Curve Finance and other protocols that forked their code suffered extensive exploits last week due to a vulnerability in the programming language Vyper.
Key Points:
- The deadline for the Curve Finance hacker to return stolen funds has passed
- The bounty for doxxing the hacker has been extended to the public
- The reward for identifying the hacker and leading to their conviction is 10% of the stolen funds
- Skeptics doubt the deadline will help recoup any of the stolen funds
- Some speculate that the attack could be the work of the North Korean hacker group Lazarus
Hot Take:
The Curve Finance exploit and the subsequent deadline for the hacker to return the stolen funds highlight the challenges and vulnerabilities in the crypto justice system. The incident raises questions about the need for stronger governance and defense mechanisms built directly into blockchain protocols. The ongoing exploits and vulnerabilities in decentralized finance protocols also call for more robust security measures to protect user funds.
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