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The hacker drained a number of pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects. Nonfungible token finance (NFT-Fi) protocol JPEG’d has confirmed that 5,495 Ether (ETH), worth roughly $10 million at current prices, has been returned by the Curve Finance hacker . In exchange for returning the funds that were stolen on July 30, the hacker received a 610.6 ETH ($1.1 million) bounty. JPEG’d exploit update: Seems 5495 ETH was returned just now for a 10% whitehat bounty. 0x003b00378ac52c10200d8fcac0e42138a34e46b9d7c3350ad3372ae0eb141df3 Michael Razum is not the exploiter but was linked on-chain bc a few of his contracts were drained by this person. pic.twitter.com/mc3GGx2gyd — ZachXBT (@zachxbt) August 4, 2023 JPEG'd is a decentralized lending protocol that enables users to borrow funds against their collateralized NFTs. As part of the major hack on Curve Finance, the protocol lost $11.6 million worth of crypto. In ...

SafeMoon hacker said the exploit wasn't intentional plans to return majority of the exploited funds. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. This week in DeFi saw the hacker behind the $8.9 million SafeMoon exploit agree to return the majority of the stolen funds . According to the project’s developers, the hacker will return 80% while keeping the remaining 20%. United States crypto lender BlockFi was granted an additional 48-day extension to submit its exit plan by a New Jersey bankruptcy judge, exploring the potential sale of company assets and restructuring. Ether (ETH) price hit a new 11-month high even as post-Shapella withdrawals peaked at over 1 million ETH. Meanwhile, Ethereum gas fees touched new multimonth highs owing to a fresh memecoin frenzy. The heavy traffic on the network allowed a maximal extractable value (MEV) ...