Binance Recovers $450,000 Stolen in Curve Finance Hack
Submitted by Anonymous (not verified) on Fri, 08/12/2022 - 16:00The assets Binance recovered represent about 83% of the entire sum stolen in the exploit.
The assets Binance recovered represent about 83% of the entire sum stolen in the exploit.
Recent news has reported another theft incident in the digital currency sector; it occurred in an exchange liquidity pool, Curve Finance.
Curve is planning its own over-collateralized stablecoin, Curve CEO Michael Egorov revealed today.
Users relocking their CVX tokens and depositing more CRV tokens into Convex Finance has contributed to CVX’s recent run.
Curve Finance, the largest decentralized crypto exchange, has registered more than $6.8 billion in daily trading volume across all chains.
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