Curve Finance DNS Attack Highlights Crypto Security Risks

Curve Finance DNS Attack Highlights Crypto Security Risks
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Curve Finance recently fell victim to a DNS attack, exposing vulnerabilities in DeFi security despite robust measures. Meanwhile, CertiK’s May report reveals code exploits caused over $229 million in losses, underscoring the heightened risks in crypto compared to traditional finance.

  • Curve Finance's domain was hijacked in a DNS attack despite strong passwords and 2FA, revealing registrar vulnerabilities.
  • CertiK's report shows code exploits caused 76% of May's crypto losses ($229M), including a $225M Cetus Protocol attack.
  • Egorov warns of 'for-hire' hackers coordinating cross-platform attacks, with bribes incentivizing targeted breaches.
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