BREAKING: Curve Finance team warns users to avoid using site until further no...
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far. On Aug 9, automated market maker Curve Finance took to Twitter to warn users of an ongoing exploit on its site. The team behind the protocol noted that the issue, which appears to be an attack from a malicious actor, was affecting the service’s nameserver and frontend.Don't use https://t.co/vOeMYOTq0l site - nameserver is compromised. Investigation is ongoing: likely the NS itself has a problem— Curve Finance (@CurveFinance) August 9, 2022 Curve stated via Twitter that its....
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Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully reverted. Earlier, the team behind the project advised caution to its users and claimed an investigation has been launched to look into any potential vulnerabilities exploit. Related Reading: TA- My Neighbor Alice Could Be Set For A Major Bounce – Eyes $5 The team behind the project said: The issue has been found and reverted. If you have approved any contracts on Curve in the past few hours,....
Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.This past week, cross-bridge protocols became the center of DeFi discussions as a new report showed RenBridge was used to launder $540 million in stolen funds. Curve Finance, on the other hand, resolved its site exploit and directed users to....
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team managed to freeze $200K worth of the stolen funds. Curve Finance Exploited for $570K — Fixedfloat Exchange Freezes More Than $200K, Domain Service Blamed Another defi hack was discovered on August 9, when the Paradigm researcher Samczsun tweeted that Curve Finance’s frontend was....
New pool allows European and Asian users to avoid US dollar exposure. Decentralized stablecoin exchange Curve Finance has added the euro as a secondary currency option following demand from users.As announced in a Dec. 20 tweet, Curve now has a liquidity pool for switching between the Stasis euro stablecoin (EURS) and a synthetic euro (sEUR) on the Synthetix derivatives platform. Currently the stablecoin market is dominated by currencies pegged to the U.S. dollar, meaning that European and Asian users often have no option but to take on some USD exposure whether they wish to or not.Curve....
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS Cache Poisoning Four days ago, the crypto community was made aware that the Curve Finance front end was exploited. Curve fixed the situation but $570 million was removed from the defi protocol. The attackers, however, decided to send....