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Curve Finance to Reimburse Users Affected by $62 Million Hack!

August 19, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Writer: Mustafa Mulla Aug 19, 2023 13:09

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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Curve Finance is a decentralized change that permits customers to commerce cryptocurrencies with out the necessity for a centralized authority. Curve Finance has introduced that it plans to reimburse customers who had been affected by the current hack, which resulted in a lack of $62 million. In a current X put up, the corporate acknowledged that investigations are progressing properly, with 79% of the funds already efficiently recovered. The hack occurred on February thirteenth, 2021, and led to the lack of $62 million in stablecoins resembling DAI, USDC, and USDT. Curve Finance has promised to maintain its customers up to date on the state of affairs.

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Tags: AffectedcurveFinanceHackMillionReimburseUsers
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