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”.
1st ETH txn:https://t.co/CcCE9lRHep
2nd ETH txn: https://t.co/riooC7YHwI
1st SOL txn:https://t.co/wRZfOXFe03
2nd SOL txn:https://t.co/oCrdtAqxAE
— CremaFinance (@Crema_Finance) July 6, 2022
As reported, the Solana-powered project lost around USD 9m worth of crypto assets in a flash loan attack over the weekend.
At the time, the protocol shared the addresses linked to the hacker and claimed that they would be tracking the movement of stolen funds.
“More and more relevant organizations are providing valuable clues for us. Also, we’re still open to a communication with the hacker before the time window is closed,” the project said back then.