We will find you. Curve Finance promises an all-out pursuit of the hackers behind last weekend's exploit if they don't return the stolen crypto in exchange for a 10% bounty. realDannyNelson reports
Curve Finance and other victims of this week’s crypto lending heist have offered their hackers a 10% bounty in exchange for the return of the rest of their tokens.
"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 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 a vigilante payout to whomever provides information that leads to the hacker's arrest and conviction.Curve, Metronome and Alchemix lost nearly $62 million on Sunday when an unknown hacker exploited a bug to drain many of their trading pools.
The outreach efforts put Curve on a similar trajectory to Euler, another DeFi protocol that lost massive sums to hackers in 2023 and then sought, successfully, to negotiate their return.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huobi’s Jun Du acquires 10 million CRV tokens to support CurveHuobi co-founder Jun Du purchased 10 million CRV tokens for $4 million from Curve’s founder, Michael Egorov, as he seeks to reduce his loan exposure.
Read more »
Curve DAO (CRV) up 7%, Is Curve Out of the Woods?.CurveFinance printed mild surge as attempt to return to normalcy intensifies
Read more »
Huobi co-founder Jun Du buys 10 million CRV from Michael EgorovHuobi co-founder Jun Du purchased 10 million curve tokens (CRV) for $4 million from Curve founder Michael Egorov.
Read more »
The Witcher Returns to No. 1 Spot on Netflix Top 10 TV ListAs fans tune in to Henry Cavill’s last episodes as Geralt of Rivia in The Witcher, the second half of Season 3 managed to take the No. 1 spot on Netflix’s English-language TV list. The chart is based on the streaming platform’s July 24 to July 30 viewership. The second part, which premiered on July […]
Read more »
10 Biggest Ways Star Wars Has Changed After A Decade Of DisneyFrom the importance of the prequels to whether classic characters should be recast, here’s how Star Wars has changed after 10 years of Disney.
Read more »