DeFi shake-up: Lido cuts staff, Curve rethinks L2s
Despite a DeFi resurgence, Lido announced a 15% cut of contributors, while a Curve governance proposal suggests cutting Layer Two development.
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Despite a DeFi resurgence, Lido announced a 15% cut of contributors, while a Curve governance proposal suggests cutting Layer Two development.
Read more (2 min) →Curve Finance has warned users to avoid its curve.fi website due to a DNS hijacking attack, which redirects users to a wallet drainer.
Attack transactions show the UwU hacker used ‘flash loans’ which can be used to manipulate asset prices on DeFi apps.
Curve reportedly sent the hacker a message telling them they could keep 10% of the stolen funds if they returned the rest.