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The post Curve Finance to Reimburse Users Affected by $62 Million Hack! appeared first on Coinpedia Fintech News
Curve Finance is a decentralized exchange that allows users to trade cryptocurrencies without the need for a centralized authority. Curve Finance has announced that it plans to reimburse users who were affected by the recent hack, which resulted in a loss of $62 million. In a recent X post, the company stated that investigations are progressing well, with 79% of the funds already successfully recovered. The hack occurred on February 13th, 2021, and led to the loss of $62 million in stablecoins such as DAI, USDC, and USDT. Curve Finance has promised to keep its users updated on the situation.
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