Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M

The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.
The team announced today that "after a long negotiation," the hacker returned ETH 6,064 (USD 7.19m) and SOL 23,967.9 (USD 892,565), while keeping the remaining SOL 45,455 (USD 1.69m) as "the white hat bounty"....
Read More: Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M

Original source: CryptoNews