JPEG’d confirms return of 5,495 ETH from Curve hacker
The hacker drained a number of pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects. Go to Source Powered by WPeMatico
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The hacker drained a number of pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects. Go to Source Powered by WPeMatico
Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, spreading shockwaves across the DeFi ecosystem. Cointelegraph compiled the week’s events. Go to Source Powered by WPeMatico
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit. Go to Source Powered by WPeMatico
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Go to Source Powered by WPeMatico
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work. Go to Source Powered by WPeMatico
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure. Go to Source Powered by WPeMatico
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support. Go to Source Powered by WPeMatico
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount. Go to Source Powered by WPeMatico
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains. Go to Source Powered by WPeMatico
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens. Go to Source Powered by WPeMatico