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Ethereum DeFi Exchange Curve Suffers Front End Hack

Attacks targeting blockchain companies show no signs of slowing down. Curve Finance Decentralized Trading Platform Confirmed reports that its website suffered a frontal attack on Tuesday.

“Do not use the interface yet. Survey!” Curve Finance tweeted.

Hackers have apparently compromised a Curve website or domain name to redirect unwitting users or their transactions to a malicious destination.

According to Web3 chain sleuth Zachxbt, the thieves stole $570,000 in ETH, which they sent to cryptocurrency exchange FixedFloat to launder the money.

FixedFloat said it froze 112 ETH, or approximately $191,088, of stolen funds.

“Our security service has frozen part of the funds amounting to 112 ETH. In order for our security service to fix what happened as soon as possible, please send us an email: [email protected] “, tweeted FixedFloat.

Launched in 2020, Curve Finance is a decentralized exchange and automated market maker (AMM) for trading stablecoins and wrapped digital assets like wBTC and tBTC.

Hours after its initial notice, Curve Finance said the issue had been found and resolved.

“If you have approved contracts on Curve in the past few hours, please revoke them immediately, the company warned, also advising its users to proceed with caution. The curve.exchange website appears unaffected, they reported, and uses a different domain name or DNS system than curve.fi.

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