Curve Finance has recovered 70% of hacked funds

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Curve Finance has recovered 70% of hacked funds, with distribution planned

The remaining funds are still under active investigation.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Curve Finance has recovered 70% of funds worth about $50 million lost in a recent hacking incident on its platform, alleviating concerns for many users and stakeholders.

“While 70% of funds affected by the hack last week are recovered, active investigation with regards to the rest is underway,” CurveRecovered funds were either directly given back by multiple hackers involved or saved with the assistance of ethical operators of MEV bots, such as“In the meantime, we are also working on measuring the respective shares of each affected user with the goal of proper distribution,”...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Conferences for CFOs & Finance Executives | GartnerGartnerLive | Gartner Director Analyst Irmina Melarkode shows how to create an effective autonomous finance organization. Unlock more insights by attending an upcoming GartnerFinance conference: CFO AI
Source: Gartner_inc - 🏆 455. / 53 Read more »