- Kame Aggregator recovers $832,500 ETH after swift hacker negotiations.
- Users limited losses by revoking token approvals during breach.
- Ethereum price climbs 5% as stolen funds partly returned.
Kame Aggregator, a decentralized exchange aggregator on the Sei network, has confirmed the recovery of part of the funds stolen in a security breach. The team disclosed that the acute negotiations with the attacker resulted in the restoration of the ETH valued at $832,500 by conducting an Ethereum transaction.
Suspicious behavior was soon detected, and users were advised to revoke token approvals. A good number heeded the caution within the allotted time, preventing the number of casualties and curtailing the magnitude of the adventure. This rapid reaction was one of the major factors that helped limit the harm.
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Attacker Returns Funds Following Talks
According to Kame, communication with the attacker was established shortly after the breach. By late session, $832,500 in ETH had been moved into a recovery wallet. The scope of the exploit has not been reported, although a full audit is currently underway to trace stolen assets and evaluate impacted accounts.
In addition, the project declared that it is preparing a compensation plan for the impacted users. The framework will be determined and disseminated after investigators conduct a wallet audit. Up to this point, users had been recommended to have their token approvals revoked and improved security measures enabled.
Community Support and Market Impact
The recovery was achieved with the assistance of partners across the Sei ecosystem. Kame highlighted the importance of collaboration within the community to trace the stolen money and recover some part of it.
At the same time, Ethereum prices strengthened during the developments. Ethereum rose from $4,500 to $4,719 within a day, representing a 5% increase within 24 hours. On a weekly basis, ETH recorded an 11% increase despite a minor fall in the month, indicating its strength in the market.
The ETH of $832,500 was also a significant milestone in limiting Kame Aggregator’s damage due to the breach. While a full review is ongoing, the compensation plan and reinforced security measures are expected to restore user confidence across the platform.
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