Bitcoin24h $63,187.93+1.79%

Ethereum24h $1,799.23+3.63%

BNB24h $578.01+1.90%

XRP24h $1.18+5.28%

Solana24h $82.49+1.08%

TRON24h $0.3258+1.69%

Hyperliquid24h $70.48-0.04%

Dogecoin24h $0.0790+2.98%

UNUS SED LEO24h $9.13-0.27%

Zcash24h $468.05+3.09%

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.

Curve Finance warns users after website and X account hacks

Curve Finance has warned users to avoid its curve.fi website due to a DNS hijacking attack, which redirects users to a wallet drainer.

Over $20M worth of CRV-collateralised positions were liquidated as the price of the Curve Finance’s governance token dropped over 30%.

Attack transactions show the UwU hacker used ‘flash loans’ which can be used to manipulate asset prices on DeFi apps.