May 4, 2024
Security News

Coinbase Receives $1 Million Amid Crypto Hack, Yet Victims Await Compensation – What's Going On?

Coinbase, the largest US cryptocurrency exchange, has raked in $1 million in profit from the recent hack of DeFi platform Curve Finance. The exchange has not yet returned the funds, which some argue belong to the victims of the hack, claiming that it is not obligated to do so. The incident in question occurred in July when a hacker targeted Curve Finance, a major player in the DeFi market, resulting in the theft of $73 million worth of assets.... Read More: Coinbase Receives $1 Million Amid Crypto Hack, Yet Victims Await Compensation – What's Going On?