Alchemix reports return of all stolen funds from Curve pools
The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd. Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including $13.6 million from Alchemix’s alETH-ETH pool. Along with Alchemix, JPEGd’s pETH-ETH pool saw outflows of $11.4 million, and Metronome’s sETH-ETH pool was drained in over $1.6 million. The hacker targeted stable pools on Curve Finance using vulnerable versions of the Vyper programming language through reentrancy attacks. 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 The return of funds started after the hacker accepted a bug bounty offer. Curve, Metronome and Alchemix jointly announced an initia...