Binance Recovers $450K Stolen From Curve.Finance - Coinleaks
Current Date:September 21, 2024

Binance Recovers $450K Stolen From Curve.Finance

Binance CEO Changpeng Zhao “CZ” said on Friday that the exchange has frozen or recovered $450,000, which was stolen from DeFi protocol Curve.Finance earlier this week.

On Tuesday, hackers stole nearly $570,000 from Curve.Finance, after which the protocol developers said that they had identified and fixed the source of the issue.

Curve.Finance is a major player in the DeFi ecosystem due to its CRV token rewards emissions, which serve as a source of income for several other protocols.

The exchange is now working with law enforcement to return funds to impacted users, according to CZ’s tweet.

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