Alchemix Curve Exploiter Returns $9 Million In ETH

The Curve Finance team confirmed contact with the Alchemix alETH pool exploiter via on-chain messages. Curve, Metronome, and Alchemix previously asked the exploiters to return 90% of the drained funds for a 10% bounty in return.

Timeline of Alchemix, Curve-dao-token, Ethereum

As of Aug. 3, the U.S. Securities and Exchange Commission (SEC) has received a total of 12 Ethereum (ETH) exchange-traded fund (ETF) applications. The latest additions came from Bitwise, submitting new applications for equal-weight and market-weight versions of its Bitcoin and ETH futures ETFs.

ProShares has become the eleventh to apply to the U.S. Securities and Exchange Commission (SEC) to register an Ether exchange-traded fund (ETF). Multiple Filings By ProShares ProShares has joined the ranks of other asset managers seeking to register an Ether exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

Crypto news: We bring you a roundup of what's been happening in crypto this week. The US Securities and Exchange Commission (SEC) sued PulseChain founder Richard Heart in a lawsuit the industry had long expected was coming.

Michael Egorov, the founder of Curve (CRV), sold another 34 million CRV ($19.72M, at press time) on the night of Thursday, August 3, as the token prices dropped 20% in the last seven days.

In the race to launch the first Ether Exchange-Traded Fund (ETF), the Securities and Exchange Commission (SEC) has been overloaded with applications from various firms seeking approval.

On Twitter, a bizarre story is circulating about an Ethereum developer who allegedly “accidentally” blocked 5 ETH (the equivalent of $9,000 at the time of writing) for 100 years in order to create his first TEST token. However, according to some, the story is being made public just to attract attention.

The cryptocurrency market is an ever-evolving landscape, with each asset having its own dynamics. Ethereum, the leading altcoin, is currently generating considerable attention, with analysts referring to it as a "ticking bomb.

Six financial entities, including Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale, are reportedly seeking approval to offer Ethereum futures exchange-traded funds (ETFs). This discovery was uncovered by James Seyffart, a research analyst within Bloomberg Intelligence.

Ethereum price is struggling to keep support at $1,830 intact, while the entire crypto market continues with its longstanding lull. Since the rejection from $2,000 around mid-July, recovery attempts have been minimal, with the least resistance path mainly downward.

Curve Finance and other DeFi platforms are coordinating to retrieve stolen funds after a recent hack. Curve Finance, Metronome, and Alchemix have issued an open call to the hackers, proposing a possible bounty from the loot.