Curve Finance, the currency exchange protocol, publicly stated that the previous negotiation period with hackers has ended, and a white hat bonus of 10% of the hacked amount will begin to be available to the public. Curve (CRV) has also risen by nearly 30% from the bottom since the hack.
Curve Finance: $1.85 million reward offered to find hacker
Curve pointed out on Twitter that the deadline for providing white hat bonuses to allow hackers to return hacked funds voluntarily has passed.
Although Curve still stated that they will not pursue legal liability if the hacker returns all the hacked funds, it has also begun to provide bounties to the public.
Curve said through the block message on the Ethereum chain:
The voluntary return of Curve’s hacked funds has ended at 8 a.m. on August 6. Now we have extended the scope of rewards to the general public, providing 10% of the remaining hacked total amount (currently US$1.85 million) as a reward to those who can provide evidence to identify and convict the attacker. If the attacker returns all funds, we will no longer pursue the matter.
Curve left contact information: curvegotiation@protonmail.com
The deadline for the CRV/ETH exploiter passeshttps://t.co/VphQ0bfYr2 pic.twitter.com/x8LP9Tx4rs
— Curve Finance (@CurveFinance) August 6, 2023
Alchemix funds returned in full
As previously reported, hackers have successively returned 4,820 alETH and 2,258 ETH to the lending protocol Alchemix.
Alchemix later stated that it had received the hacked total amount previously deployed in the Curve fund pool and would release a complete incident report soon.
The hacker once emphasized that he paid back the money not because he was afraid that he might be exposed:
(Review: Hackers returned a large amount of money to Curve Finance: clarifying that repaying the money is not for fear of being tracked, roaring to be smarter than everyone)
We are extremely happy to announce that all funds stolen by the hacker of the Alchemix @CurveFinance pool have now been returned.
Full post mortem coming.
— Alchemix (@AlchemixFi) August 5, 2023
Curve DAO Token (CRV) price stabilizes?
After the Curve hack, the price of CRV hit a low of $0.482 on Binance and has risen 28% so far.
However, this is still far below the $0.7 level before the hack. Based on this calculation, CRV has fallen by -15% so far, and has not yet completely made up for the decline.
This article Curve Finance: The negotiation period with the hackers has ended, and a reward of US$1.85 million is offered to find the hackers. First appeared on Chain News ABMedia.