Curve Finance exploiter returns $8.5 million in stolen funds

Across three separate transaction batches, the Curve Finance exploiter returned a total of 4,820 alETH worth $8.5 million back to the protocol.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The Curve Finance exploiter appears to be returning funds back to the protocol, according to on-chain data.

The hacker returned a total of 4,820 alETH to Alchemix Finance. The first transaction appeared to be a test of 1 alETH, with a batch of 1,000 alETH worth $1.7 million following around 9:00 a.m. ET. Another 3,819 alETH worth $6.7 million came a few minutes later, on-chain data shows. The wallet associated with the Curve Finance exploiter returned funds in three batches. Photo: EtherscanAlchemix Finance is a loan-based DeFi protocol that uses Curve pools. The price of one alETH, or Alchemix ETH, is currently around $1,755, according to the cryptocurrency price tracker CoinGecko.the hacker to return the funds on Aug. 3. The hacker responded, requesting Curve confirm the address of 0xbabe.

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Source: CoinDesk - 🏆 291. / 63 Read more »