Non-fungible token (NFT) and decentralized finance (DeFi) protocol JPEG’d has confirmed that 5,495 Ether, worth roughly $10 million at current prices, has been returned by the Curve Finance hacker. In exchange for returning the funds that were stolen on July 30, the hacker received a 610.6 ETH ($1.1 million) bounty. JPEG’d is a DeFi lending protocol that enables users to borrow funds against their collateralized NFTs. The protocol lost $11.6 million of crypto in the Curve hack. The hacker managed to exploit a security vulnerability in the Vyper smart contract programming language used in the pools, with total losses estimated to be around $70 million worth of crypto.
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