Currently, Curve Finance’s hacked money is being dispersed by attackers to many places. Fortunately, one of them was frozen when discovered.
As updated in a recent Coincu News article, Curve one of the largest exchanges holding over $6 billion TVL value has solved a hack they encountered earlier today. The hack was discovered when a Paradigm researcher tweeted that Curve’s user interface had been compromised.
Hackers took away about $570,000. They then sent money to exchanges to launder money including: Tornado Cash, FixedFloat and Binance.
Fortunately part of the stolen money was kept. As per the report, FixedFloat says it has frozen 112 ETH, about $191,088, of the stolen funds.
The hackers used a Domain Name Service (DNS) spoofing attack, duplicating the website and redirecting the DNS point to their IP address. They then add approval requirements to a malicious contract to steal funds.
The Curve team was able to find and revert the attack, and issued a statement asking everyone to revoke any contract approvals on their platform.
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