The hacker asked the Alchemix project, which was one of the victims of the hack, to confirm the address of the protocol where he could return the assets. Shortly thereafter, he transferred nearly $10 million in ether and alETH to the Alchemix wallet in multiple transactions.
Curve hack forced investors to withdraw assets as a precautionary measure. After that, the price of the CRV token fell 31% to 50 cents. Now the Curve token is up 5% in just 24 hours.
Curve, Metronome and Alchemix protocols lost $61.7 million worth of crypto assets in a hack in July. Developers have offered a 10% reward for refunds.
Recently, experts at analytics platform DefiLlama reported that hackers were able to steal more than $6.7 billion from decentralized finance protocols over the past year. Crypto bridges have been hit the hardest.
According to CoinMarketCare, cryptoasset market capitalization fell amid concerns about the Curve Finance hack and the likely drop in liquidity of the AAVE platform.