Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Curve Finance to pay more than $49 million to hacking victims

Curve Finance to pay more than $49 million to hacking victims

CointimeCointime2023/12/23 09:04
By:Cointime

The Curve community has voted to compensate liquidity providers (LPs) affected by the $61 million hacker attack in July. 94% of token holders approved the issuance of tokens worth over $49.2 million to make up for losses in Curve (CRV), JPEG'd (JPEG), Alchemix (ALCX), and Metronome (MET) pools.The compensation includes: $7.2 million worth of ETH recovered by white hat hackers for the DAO; Curve DAO Tokens worth $42 million provided as compensation for unrecovered losses; and funds recovered by other white hat hackers prior to the vote.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trump Exempts Tech Devices from New Tariffs

Trump exempts smartphones, computers, and chips from new tariffs, easing pressure on the tech and crypto industries.Major Tech Relief as Trump Exempts Devices from TariffsCrypto Sector Also Stands to BenefitPolicy Shift Aims to Stabilize Markets

Coinomedia2025/04/13 05:44
Trump Exempts Tech Devices from New Tariffs