{"id":13562,"date":"2022-08-14T23:24:03","date_gmt":"2022-08-14T23:24:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-seizes-over-450k-worth-of-crypto-assets-stolen-from-curve-finance\/"},"modified":"2022-08-14T23:24:03","modified_gmt":"2022-08-14T23:24:03","slug":"binance-seizes-over-450k-worth-of-crypto-assets-stolen-from-curve-finance","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-seizes-over-450k-worth-of-crypto-assets-stolen-from-curve-finance\/","title":{"rendered":"Binance seizes over $450K worth of crypto assets stolen from Curve Finance"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<p>Binance has recovered and frozen crypto assets worth over $450,000 that were stolen from Tuesday\u2019s front-end attack on decentralized crypto exchange Curve Finance.<\/p>\n<p>Binance CEO Changpeng Zhao said through a tweet that the exchange is now working with law enforcement agents to return the seized funds to the victims.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance froze\/recovered $450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return the funds to the users. The hacker kept on sending the funds to Binance in different ways, thinking we can&#8217;t catch it. \ud83d\ude02<a href=\"https:\/\/twitter.com\/hashtag\/SAFU?src=hash&amp;ref_src=twsrc%5Etfw\">#SAFU<\/a> <a href=\"https:\/\/t.co\/Ekea9moeAw\">https:\/\/t.co\/Ekea9moeAw<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1557956979275988992?ref_src=twsrc%5Etfw\">August 12, 2022<\/a><\/p>\n<\/blockquote>\n<p>The news comes two days after another $212,000 worth of ETH was intercepted by the crypto exchange Fixed Float.<\/p>\n<p>The assets seized by Binance represent 83% of the overall amount of crypto assets stolen in Curve Finance\u2019s attack.<\/p>\n<h2>The Curve Finance front-end attack<\/h2>\n<p>Curve Finance was on August 9 exploited for about $573,000 worth of crypto assets after the attacker(s) spoofed the Domain Name Service in its frontend and redirected users to a phishing site that tricked them into approving a malicious smart contract.<\/p>\n<p>The attacker(s) then converted the stolen assets to ether (ETH) and started sending the ETH to multiple addresses as they tried obfuscating the stolen funds.<\/p>\n<p>But luckily for the victims, the attacker(s) did not do a thorough job in covering his\/her tracks since as it stands all of the stolen funds have now been recovered.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/binance-seizes-over-450k-worth-of-crypto-assets-stolen-from-curve-finance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Binance has recovered and frozen crypto assets worth over $450,000 that were stolen from Tuesday\u2019s front-end attack on decentralized crypto exchange Curve Finance. Binance CEO Changpeng Zhao said through a tweet that the exchange is now working with law enforcement agents to return [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":13563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13562"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13562"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13563"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}