Decentralized finance (DeFi) platforms Curve, Metronome, and Alchemix have announced a joint initiative to recover stolen funds from the recent exploits of Curve’s pools. The protocols are offering a 10% bounty of the stolen funds as a reward, urging the responsible party to return the remaining 90%. The theft, which occurred on July 30, resulted in the theft of approximately $70 million in cryptocurrencies. The offer comes with a guarantee of no further legal actions or involvement of law enforcement. If the responsible party does not return the funds by August 6, the bounty will be expanded to the public. The trio has provided a direct channel for communication and urged the responsible party to respond immediately.
Key Points:
– Curve, Metronome, and Alchemix are working together to recover stolen funds from Curve’s pools.
– They are offering a 10% bounty as a reward and urging the responsible party to return the remaining 90%.
– The offer comes with a guarantee of no further legal actions or involvement of law enforcement.
– If the responsible party does not return the funds by August 6, the bounty will be expanded to the public.
– A direct channel for communication has been provided, and immediate response is encouraged.
Hot Take:
The joint initiative by Curve, Metronome, and Alchemix to recover stolen funds shows their commitment to addressing security breaches in the DeFi ecosystem. By offering a reward and guaranteeing no legal actions, they are attempting to resolve the issue peacefully. However, if the responsible party does not comply, they are prepared to pursue legal actions to ensure justice is served. This incident serves as a reminder of the importance of robust security measures in the crypto space.
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