Automated market maker Curve Finance responded quickly and swiftly to an exploit last night, resolving the issue and resuming services.
The team issued a warning to its users and asked them not to use the site. However, less than an hour later Curve tweeted, “The issue has been found and reverted. If you have approved any contracts on Curve in the past few hours, please revoke immediately. Please use curve.exchange for now until the propagation for curve.fi reverts to normal”.
The attacker used crypto exchange FixedFloat to transfer funds. FixedFloat tweeted that their security team had managed to freeze 112 ETH (roughly $191,000), a part of the funds.
Also Read: Curve Finance Loses $570k due to DNS Compromise
