PANews reported on March 9 that according to Decurity's report, after 1inch negotiated with hackers, most of the $5 million stolen by the attack has been returned, and the hackers have retained some as bug bounties.
Previously, 1inch found that there was a vulnerability in the Fusion v1 parser smart contract, and although user funds were not affected, some of the parsers using this version were attacked. The incident resulted in a loss of about 2.4 million USDC and 1,276 WETH, totaling more than $5 million.
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GateUser-d2d3ca42
· 03-12 01:03
HODL Tight 💪
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ThirteenBurrowsOfTheCunning
· 03-09 11:06
In other words, the reason for the price drop is only insider theft.
The hackers reached a bounty agreement with 1inch and have returned some of the stolen funds
PANews reported on March 9 that according to Decurity's report, after 1inch negotiated with hackers, most of the $5 million stolen by the attack has been returned, and the hackers have retained some as bug bounties. Previously, 1inch found that there was a vulnerability in the Fusion v1 parser smart contract, and although user funds were not affected, some of the parsers using this version were attacked. The incident resulted in a loss of about 2.4 million USDC and 1,276 WETH, totaling more than $5 million.