CrediX Negotiates Crypto Asset Recovery after $4.5M Hack

Money market abstraction infrastructure protocol CrediX has successfully negotiated the return of the assets stolen in a $4.5 million exploit, in a promising sign for users looking to recover their cryptocurrency.

CrediX suffered a security breach on Monday that saw over $4.5 million worth of digital assets bridged to the Ethereum network by a Tornado Cash-funded wallet, according to blockchain security firm Cyvers.

In a surprising development, CrediX said it reached a private settlement with the attacker, who agreed to return the stolen assets in…