According to the last minute development, a hacker who attacked the CRV/ETH pool has stolen 7 million CRVs and 14 million dollars of WETH.
Curve Finance had this to say in its statement shortly before the latest hack:
“A number of stablepools (alETH/msETH/pETH) using Vyper 0.2.15 have been hacked as a result of a malfunctioning reentrancy lock. We are assessing the situation and will keep the community informed as developments occur.
Other pools are safe.”
According to the information obtained, a few minutes before the white hat hackers intervened, the hackers emptied the liquidity in the pool.
However, one of the hacked platforms, Alchemix, said:
“A hacker drained the alETH/ETH curve pool during the process of queuing the transaction to extract the remaining liquidity.
The net result at the moment is a partial loss of support of around 5,000 ETH supporting alETH.”
After the development, CRV price instantly saw $0.10 and at the time of this writing, it is trading at $0.636, losing 13% in the last 24 hours.
The name who carried out the Curve Finance hack made the first communication by adding a note to the Blockchain transaction he made. The hacker said that he has moved the funds to cold wallets for now, and that the affected protocols can contact him from the etherscan chat section. It is thought that the hacker can enter into a bargain with the protocols in question.
*Not investment advice.
