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The hackers reached a bounty agreement with 1inch and have returned some of the stolen funds

DailyNews

2025-03-09 00:43:14

1INCH-3,05%

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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Comment

0/400

GateUser-d2d3ca42

· 2025-03-12 01:03

HODL Tight 💪

Reply0

ThirteenBurrowsOfTheCunning

· 2025-03-09 11:06

In other words, the reason for the price drop is only insider theft.

View OriginalReply0

PleaseDoNotDisturb,IAmA

· 2025-03-09 01:01

Quick, enter a position! 🚗

View OriginalReply0