The relatively swift recovery has improved the sentiment around $CRV, which have pared most of the losses from a 30% drop following the attack. By shauryamalwa.
Whitehats hackers and attackers have returned over 73% of all funds stolen from Curve Finance after its early August exploit.
Curve Finance has recouped some 73% of funds stolen during a hack, which saw the platform lose over $73 million worth of various tokens, causing contagion effects in the broader ecosystem. Curve, which lets users cheaply swap stablecoins on its platform, was hit by a reentrancy attack that allowed attackers to steal tokens from Curve, and lending and borrowing platforms Metronome and Alchemix. These affected protocols have since offered a 10% bounty for returning the assets by August 6,Reentrancy is a common bug that allows attackers to trick a smart contract by making repeated calls, or software commands, to a protocol in order to steal assets.
“The deadline for the voluntary return of funds in the Curve exploit passed at 0800 UTC,” Curve Finance said in a blockchain transaction. “We now extend the bounty to the public, and offer a reward valued at 10% of remaining exploited funds to the person who is able to identify the exploiter in a way that leads to a conviction in the courts.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Longtime Houston restaurant owner Tony Mandola, dies at 73 following battle with Alzheimer'sTony Mandola was best known as the owner of Tony Mandola's Gulf Coast Kitchen in Houston's Fourth Ward on Waugh Drive.
Lire la suite »
From the backcountry to the front office, Al Hendricks was at home in the nation’s treasuresAl Hendricks, who spent 42 years loving and managing U.S. national parks, dies at age 73.
Lire la suite »
Alchemix reports return of all stolen funds from Curve poolsAll funds stolen by Curve finance hacker have been returned to lending platform Alchemix. Read more:
Lire la suite »
'Bitcoin Bonnie and Clyde' plead guilty to money laundering hacked cryptoCRYPTO CRIMINALS: The 'Crocodile of Wall Street' and her husband were arrested February 2022 in what the DOJ calls the largest financial seizure in history.
Lire la suite »
Curve DAO (CRV) Up 10%, Here Are 3 Reasons WhyCurve DAO has printed more convincing recovery with 10% uptrend
Lire la suite »
WUZO Confirms BLITZERS’ Official YouTube Channel Has Been HackedWUZO Confirms BLITZERS' Official YouTube Channel Has Been Hacked
Lire la suite »