Curve Finance Hacker Returns Stolen Funds After Receiving $7 Million Bug Bounty

Curve Finance Hacker Returns Stolen Funds After Receiving $7 Million Bug Bounty



After receiving nearly $7 million as a bug bounty reward, the attacker responsible for the Curve finance hack has decided to return the stolen funds. The attack, which occurred on July 30, resulted in the drainage of over $61 million in cryptocurrencies, with Alchemix's alETH-ETH pool losing $13.6 million.



The hacker also targeted JPEGd's pETH-ETH pool, causing outflows of $11.4 million, and Metronome's sETH-ETH pool, resulting in a loss of over $1.6 million. The attack exploited vulnerabilities in the Vyper programming language through reentrancy attacks, specifically targeting stable pools on Curve Finance.



To recover the stolen funds, Curve, Metronome, and Alchemix initiated a joint effort on August 3, offering a 10% bounty as a reward and urging the hacker to return the remaining 90%. This would bring the total bug bounty


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