Moral hacker retrieves $5.4M for Curve Finance amid exploit

A white hat hacker has managed to take round 2,879 Ether (ETH), value round $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the current hack.

On July 30, a number of stablepools on Curve Finance have been exploited because of malfunctioning reentrancy locks on a number of variations of the Vyper programming language. The losses from Curve Finance are estimated to be round $47 million. Nevertheless, DeFi protocols that have been utilizing the weak variations of Vyper have been additionally exploited, exposing the DeFi ecosystem to a stress check.

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