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$450 Million $570K Asia Australia Binance Binance CEO Bitcoin Blockchain Canada Changpeng Zhao Comeback Crash Crypto Curve Curve fi frontend Curve Finance CZ defi defi exploit DNS Cache poisoning ETH Ethereum Ethereum (ETH) Europe Fixedfloat funds Hack hacker's funds iwantmyname.com Launch Markets Merge Mining Minting News Rates Security Spain Trading United States USDC USDC funds

Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

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 […]

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Asia Australia Binance Bitcoin Blockchain Canada Comeback Crash Crypto Cryptocurrency Curve Finance Europe Hack Launch Markets Merge Mining Minting Rates Security Spain Trading United States

Binance recovers 80 percent of funds stolen from Curve Finance

Binance, a global crypto exchange, has recovered over 80% of the funds stolen from Curve Finance by exploiters. The CEO of the crypto exchange, Changpeng Zhao, confirmed the development in a Friday post on his Twitter handle. According to Zhao, Binance aided the recovery of over $450,000 of the funds. Recall that hackers exploited the […]

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Asia Australia Bitcoin Blockchain Canada Comeback Crash Crypto Curve Finance Europe Launch Markets Merge Mining Minting Rates Security Spain Trading United States

Binance recovers the majority of funds stolen from Curve Finance

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve Finance.  In a tweet, Binance CEO Changpeng Zhao announced that the exchange […]