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News

Curve Finance Now Offers $1.85 Million Bounty To Identify Exploiter

August 7, 2023 - Around 2 mins mins to read

Key Points:

  • Curve Finance is offering a $1.85 million bounty to identify the exploiter behind the $61 million exploit in July.
  • The deadline for the voluntary return of funds has passed, and Curve is now extending the reward to the public.
  • The team hopes to identify the exploiter in a way that leads to definitive legal repercussions.
Curve Finance is now offering a $1.85 million bounty to the public for anyone who can help identify and bring to justice the exploiter behind the $61 million exploit that occurred in July.

Curve Finance, a decentralized finance (DeFi) protocol, recently announced that they are offering a $1.85 million bounty to anyone who can accurately identify the exploiter behind the Curve exploit. The exploiter made off with over $61 million from Curve’s pools in July, utilizing vulnerable versions of the Vyper programming language to execute reentrancy attacks on targeted stable pools.

Curve Finance Now Offers $1.85 Million Bounty To Identify Exploiter Behind $61 Million Loss

The deadline for the voluntary return of funds in the Curve exploit passed at 0800 UTC. We now extend the bounty to the public, and offer a reward valued at 10% of remaining exploited funds (currently $1.85M USD) to the person who is able to identify the exploiter in a way that leads to a conviction in the courts. If the exploiter chooses to return the funds in full, we will not pursue this further.

Curve publicly wrote in an Ethereum transaction’s input data

Although the attacker has returned some stolen crypto to projects Alchemix and JPEGd after being offered a 10% bug bounty, other exploited pools have not been refunded. The deadline for the voluntary return of funds in the Curve exploit has passed, and Curve is now extending the bounty to the public.

Curve’s decision to offer the bounty is an effort to identify the exploiter in a way that leads to definitive legal repercussions. The protocol is encouraging anyone with information to contact them at curvenegotiation@protonmail.com.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Author

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.
News

Curve Finance Now Offers $1.85 Million Bounty To Identify Exploiter

Key Points:

  • Curve Finance is offering a $1.85 million bounty to identify the exploiter behind the $61 million exploit in July.
  • The deadline for the voluntary return of funds has passed, and Curve is now extending the reward to the public.
  • The team hopes to identify the exploiter in a way that leads to definitive legal repercussions.
Curve Finance is now offering a $1.85 million bounty to the public for anyone who can help identify and bring to justice the exploiter behind the $61 million exploit that occurred in July.

Curve Finance, a decentralized finance (DeFi) protocol, recently announced that they are offering a $1.85 million bounty to anyone who can accurately identify the exploiter behind the Curve exploit. The exploiter made off with over $61 million from Curve’s pools in July, utilizing vulnerable versions of the Vyper programming language to execute reentrancy attacks on targeted stable pools.

Curve Finance Now Offers $1.85 Million Bounty To Identify Exploiter Behind $61 Million Loss

The deadline for the voluntary return of funds in the Curve exploit passed at 0800 UTC. We now extend the bounty to the public, and offer a reward valued at 10% of remaining exploited funds (currently $1.85M USD) to the person who is able to identify the exploiter in a way that leads to a conviction in the courts. If the exploiter chooses to return the funds in full, we will not pursue this further.

Curve publicly wrote in an Ethereum transaction’s input data

Although the attacker has returned some stolen crypto to projects Alchemix and JPEGd after being offered a 10% bug bounty, other exploited pools have not been refunded. The deadline for the voluntary return of funds in the Curve exploit has passed, and Curve is now extending the bounty to the public.

Curve’s decision to offer the bounty is an effort to identify the exploiter in a way that leads to definitive legal repercussions. The protocol is encouraging anyone with information to contact them at curvenegotiation@protonmail.com.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.