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The original attacker for the $61 million Curve, Metronome, and Alchemix exploit began returning funds that were drained in the attack. The Alchemix Finance developer wallet received approximately 4,821 Ether ($8,891,578) in a series of three transactions from the attacker.Curve Finance was exploited via a reentrancy bug on July 30.
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The exploited protocols offered a 10% bounty Thursday for returning the rest of the assets until the end f this week. Original Source
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CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has
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Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss
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Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent exploits of Curve’s pools.According to on-chain data, the protocols are offering a 10% bounty of the stolen funds as a reward, urging those responsible for the exploit to step forward
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Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. Source
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"You will have no risk of us pursuing this further, no risk of law enforcement issues, etc," Curve, Metronome and Alchemix wrote in an on-chain message sent to a hacker's Ethereum address. The trio gave a deadline of August 6 at 0800 UTC, at which point their bounty will become
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The Curve and Uniswap pools are popular venues for traders to swap one stablecoin for another quickly. Most of the time, the tokens are in balance in the pools. Imbalances indicate distress in the markets as investors seek ways to ditch an asset en masse. Original Source
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The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social media post from a member of the protocol’s governing body. The ending of rewards was carried out by the
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All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV. Source
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