247
The world’s largest exchange is now working with law enforcement to return to stolen funds.
Binance CEO Changpeng Zhao “CZ” said on Friday that the exchange has frozen or recovered $450,000, which was stolen from DeFi protocol Curve.Finance earlier this week.
On Tuesday, hackers stole nearly $570,000 from Curve.Finance, after which the protocol developers said that they had identified and fixed the source of the issue.
Curve.Finance is a major player in the DeFi ecosystem due to its CRV token rewards emissions, which serve as a source of income for several other protocols.
The exchange is now working with law enforcement to return funds to impacted users, according to CZ’s tweet.