🔥Recently, the Curve stablecoin pool was attacked, and projects such as Alchemix, JPEG'd, Metronome, deBridge and Ellipsis have lost a total of about $70 million! 😱Affected by this, Curve Finance's total locked volume (TVL) has dropped significantly, and the price of CRV has also fallen. The decline in CRV prices has caused Curve founder Michael Egorov's $70 million loan on Aave to face liquidation risks. He sold CRV through OTC in exchange for funds to repay the loan.

👏It is worth mentioning that the attacker has returned part of the funds. As of August 6, of the $59.5 million stolen, about $40.3 million has been returned, $560,000 as a bounty for hackers, and about $18.7 million has not yet been returned by the CRV/ETH vulnerability exploiter. Curve Finance said it will provide a bounty reward (currently $1.85 million) to anyone who provides information leading to the arrest and conviction of the hacker.

🚨In addition, please be careful to guard against the scam accounts impersonating Curve officials that have appeared on Twitter recently!