Share this article
DeFi Protocol Curve.Finance Gets Hacked and $570K Is Stolen
The source of the hack has been “found and reverted,” according to the protocol.
Updated May 11, 2023, 5:40 p.m. Published Aug 9, 2022, 9:39 p.m.
Hackers plundered approximately $570,000 from decentralized finance (DeFi) protocol Curve.Finance, according to a screenshot of the protocol’s wallet shared on Twitter late Tuesday.
Shortly after that announcement, the protocol’s operators said via Telegram that they found the source of the problem and fixed it. “If you have approved any contracts on Curve in the past few hours, please revoke immediately,” they said. The protocol also advised users to use curve.exchange until the propagation of curve.fi reverts to normal.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Curve.Finance is an integral part of the DeFi ecosystem due to its CRV token rewards emissions, which serve as a source of income for several other protocols.
The suspected hacker appears to have changed the domain name system (DNS) entry for the protocol, forwarding users to a fake clone and approving a malicious contract. The program’s contract remained uncompromised, however.
In response to the hack, the protocol advised users in a Telegram message to refrain from using curve.fi or curve.exchange until the protocol’s operators locate the source of the exploit.
“We are becoming aware of a potential front end issue that is approving a bad contract,” the Telegram announcement read. “For now, please do not perform any approvals or swaps. We’re trying to locate the issue, but for now, for your safety, do not use curve.fi or curve.exchange.”
More For You
알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
알아야 할 것:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
