DeFi protocols affected in the $73.5 million reentrancy attack on decentralized exchange Curve Finance have recovered a substantial portion of the stolen funds, PeckShield.
The Alchemix Finance exploiter returned 7,258 Ether (ETH) and 4,821 Alchemix Ether (alETH) worth $22 million. White hat hackers also rescued $13 million in crypto bringing Alchemix’s total to $35 million, the single largest recovery from Curve’s exploit.
JPEGd received $11.5 million in 5,495.4 wrapped Ether (WETH), accounting for 90% of the funds drained from its pETH/ETH pool. The frontrunner hacker claimed 10% as a bounty.
Furthermore, the Metronome Curve pool exploiter returned 886.55 ETH worth $1.6 million.
The Curve Finance CRV-ETH exploiter is yet to return $19.7 million worth of cryptocurrency stolen during the reentrancy attacks on July 30, although c0ffeebabe.eth rescued $5.3 million from the CRV pool.
Curve initially offered the CRV/ETH exploiter 10% of stolen funds if they returned 90%. The bounty is now open to the public as the funds were not returned.
Currently, the bounty stands at $1.85 million for any information that could help secure a conviction in court.
The deadline for the voluntary return of funds in the Curve exploit passed at 0800 UTC. We now extend the bounty to the public and offer a reward valued at 10% of the remaining exploited funds (currently $1.85M USD) to the person who is able to identify the exploiter in a way that leads to a conviction in the courts.
“If the exploiter chooses to return the funds in full, we will not pursue this further” added the Curve team.
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has announced that he will…
Marathon Holdings, a Nasdaq-listed cryptocurrency mining and blockchain technology firm, has raised $1 billion through…
OAI is changing the nature of operations with its powerful mini PC solutions, improving productivity…
Cardano’s native token (ADA) has performed well despite the downturn in the broader crypto market.…
Henderson, NV – Cornerstone Wealth Management is thrilled to announce the expansion of its suite…
Henderson, NV – Cornerstone Wealth Management is excited to announce the premiere of its new…