CrossCurve publicly announces the recovery of stolen funds due to smart contract vulnerabilities from 10 wallet addresses

GhostAddressMiner · 2026-03-05T13:13:30+00:00

CrossCurve's funds were stolen due to a contract vulnerability. For the first time, 10 receiving addresses are publicly disclosed, and a 10% reward will be offered for returning the funds within 72 hours to promote transparent tracking. If there is no response after the deadline, the project will initiate legal measures to balance protecting victims' rights and providing unintentional recipients with an opportunity to correct.

GhostAddressMiner

2026-03-05 13:13:30

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DeFi ecosystem’s frequent smart contract security issues have once again become a focus. According to PANews in early February, liquidity protocol CrossCurve experienced a funds theft due to a contract vulnerability. The project team adopted an innovative recovery strategy: not only publicly disclosed the wallet addresses receiving the stolen funds but also offered a recovery plan combining financial incentives and legal deterrence.

10 Wallet Addresses Revealed, Funds Flow Transparent

CrossCurve disclosed a list of 10 wallet addresses that received the stolen funds on the X platform. This approach breaks the traditional silence surrounding security incidents by making wallet information transparent, allowing the community to track the flow of funds. The project team stated in a statement that these recipients may have received the funds unintentionally, so they initially adopted a cooperative attitude with warnings rather than immediately pursuing legal action.

White Hat Bounty Incentive: Return within 72 Hours to Retain 10% of Rewards

To encourage proactive cooperation, CrossCurve proposed an industry-standard white hat bounty policy framework. Under this plan, if the recipient voluntarily returns the stolen funds within 72 hours, they can receive a 10% reward (retaining 10% of the amount, with the remaining 90% fully returned). This incentive mechanism demonstrates the project’s sincerity in fund recovery and aligns with international security bounty standards such as SafeHarbor.

Non-Response After Deadline Will Trigger Multi-layer Accountability Measures

If the wallet address’s recipient remains silent or refuses to cooperate within the 72-hour window, CrossCurve announced it will initiate a series of strict measures. These include legal and technical actions such as applying for asset freezes through judicial channels, filing civil lawsuits, and disclosing complete transaction records and related wallet addresses. This progressive accountability strategy indicates that the project team is prepared with both gentle cooperation and firm legal tools.

CrossCurve’s approach provides a reference model for handling DeFi security incidents, protecting victims’ rights while giving unintentional recipients a chance to correct their actions, balancing compliance and humanity.

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