Curve Finance Exploiter Returns Funds to Alchemix Finance Protocol

08/04 16:49

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According to on-chain data, the individual who exploited Curve Finance is returning funds to the protocol. The hacker has returned 4,820 alETH to Alchemix Finance in three batches, with a total value of $8.4 million. Alchemix Finance is a loan-based DeFi protocol that uses Curve pools. The price of one alETH is currently around $1,755. Curve Finance experienced a $24 million exploit on July 30 due to a smart contract bug. The protocol's founder has since traded over 106 million CRV tokens worth $42 million in an attempt to reduce liquidation risk.

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