Curve-hacking hacker returns part of stolen assets

An unknown hacker, who attacked the DEX Curve Finance, has begun returning funds. At the time of writing, he had sent back assets worth more than $20 million.

In a message regarding the transaction, the hacker explained that his decision was not fear of being caught, but a reluctance to ruin the project.

\n\”Perhaps this is a lot of money for many people, but not for me. I am smarter than all of you,\” he wrote.

The JPEG’d project also confirmed the return of 5,494 WETH (more than $10 million). The hacker received the promised 10% reward of 610.6 WETH ($1.1 million).

On July 30, an unknown attacker attacked Curve Finance’s stablecoin pools, using a vulnerability in the Vyper code. Initially, total losses from the hack were estimated at $47 million. According to Defi Llama, the amount rose to $61.7 million.

The incident affected projects Alchemix, JPEG’d, MetronomeDAO, Ellipsis and deBridge. Because of the bug, more than 450 pools were at risk.

In the days following the hack, the CRV token fell by around 30%, dropping to $0.50. Since then, the asset has begun to recover — at the time of writing, CRV trades around $0.63.

Earlier, Tron co-founder Justin Sun and Huobi co-founder Jun Du purchased 5 million CRV and 10 million CRV respectively from Curve Finance founder Mikhail Yegorov at a price below market — $0.40 per token.