The management of the Harvest Finance project, which works in the field of decentralized finance (DeFi), has increased the fee from $ 100,000 to $ 1 million for assistance in the return of stolen cryptocurrencies.
Recall that on October 26, hackers attacked the Harvest Finance protocol and withdrew cryptocurrencies worth about $ 34 million, using an instant loan to manipulate the prices of fUSDT and fUSDC. The developers of Harvest Finance turned to the cryptocurrency community on Twitter for help in recovering assets.
The attack organizer understands the principles of instant loans, internal Curve code and renBTC understands cryptocurrency and arbitrage trading and knows how to ensure the secrecy of transactions. In addition, the hacker is familiar with profitable farming, can write smart contracts and can use cryptocurrency mixers, including in the darknet. It is also known that the attacker was available during the attack.
The management of Harvest Finance is ready to pay one internal FARM token to five random people who will retweet the record. Initially, the refund fee was $ 100,000, now it has risen to $ 1 million, and it is not necessary to publicly reveal the identity of the hacker, it is enough to convince him to return the stolen cryptocurrencies.
Some users have commented that it will be much more effective if Harvest Finance developers work more closely with law enforcement on this issue. And $ 1 million can be spent on further development of the project or on payments to affected users. Recall that due to the hacking of Harvest Finance, the daily trading volume on the decentralized exchanges Uniswap and Curve Finance exceeded $ 2 billion.
