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Alchemix reports return of all stolen funds from Curve pools

Published 08/05/2023, 04:56 PM
Updated 08/05/2023, 06:40 PM

Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including $13.6 million from Alchemix’s alETH-ETH pool.

Along with Alchemix, JPEGd’s pETH-ETH pool saw outflows of $11.4 million, and Metronome’s sETH-ETH pool was drained in over $1.6 million. The hacker targeted stable pools on Curve Finance using vulnerable versions of the Vyper programming language through reentrancy attacks.

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