Curve Finance News

Several unauthorized crypto apps that drain users’ assets when downloaded have been listed by tech giants over the years.

X user DeFi Made Here claimed that Curve still contains a “systemic risk” that could compromise its entire ecosystem.

The reimbursement of liquidity providers affected by a $61-million hack in July was approved by Curve’s community on Dec. 21.

Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds.

Curve Finance founder Michael Egorov still has a debt of $42.7 million across four protocols, including Silo, Fraxlend, Inverse and Cream.

According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July.

The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit.

Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack.

Binance jumped in with a $5 million Curve token investment to help with efforts to minimize the risk of contagion.

Aave tokenholders are voting on three proposals that could reshape the protocol’s exposure to the Curve DAO token.

Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned.

Curve Finance is extending a $1.85 million bug bounty offer to anyone who can identify the exploiter of its stable pools.

The hacker drained several pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects.

Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week's events.

Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.