Curve Finance Offers $1.85 Million Reward To Catch Hackers!

<p>&nbsp;"Whoever gets it first, but if you don't know, don't pretend you know."</p><p><br /></p><p>Founded in January 2020, decentralized finance (DeFi) platform Curve Finance was last week reported to have faced a massive exploit when hackers stole $60 million in funds.</p><p><br /></p><p>Following the failure to return the funds by the deadline, Curve Finance decided to take the exploiters to court to further investigate the case.</p><p><br /></p><p>However, the hackers returned some of the stolen digital assets to Alchemix and JPEGd when Curve Finance, among other protocols that wanted to stop the hackers, offered them a reward of 10% of the stolen funds amounting to over $6 million.</p><p><br /></p><p><br /></p><p>It is well known that before returning the stolen funds, the hackers who sent messages to the Alchemix and Curve teams said that they returned them not out of fear of being caught but because they did not want to damage the party's project.</p><p><br /></p><p>However, Curve Finance, which discovered that the hackers have yet to complete refunds to other affected pools, has offered a public reward where anyone who identifies the attackers will be rewarded with assets worth $1.85 million.</p><p><br /></p><p>In context, the attack that took place on July 30, 2023 resulted in over $61 million being stolen from the Curve pool including large sums from the Alchemix pool, JPEGd and not to mention Metronome.</p><p><br /></p><p>Hackers have used a technique called a re-entry attack on a vulnerable version of the Vyper programming language to target the stable pool.</p><p><br /></p><p>Pleased to inform you that the stablecoin founded by Curve Finance has finally managed to recover after suffering a drastic fall last week.</p>