CVECurvance
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Fundamentals
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420M
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Echo Protocol hit with $76M unauthorized eBTC mint on Monad
On May 19, on-chain monitoring showed that an attacker compromised an admin key on Echo Protocol’s deployment on Monad and minted 1,000 eBTC. The unauthorized tokens were valued at approximately $76.6 million at the time of the exploit. Funds moved through Curvance and Tornado Ca...
Crypto.ro
Echo Protocol Exploit Leaves Millions in Fake eBTC Sitting on Attacker Wallet
Echo attacker minted fake eBTC before draining wrapped bitcoin liquidity assets. Curvance paused affected markets while Monad investigators reviewed exploit activity details. DeFi security concerns intensified as multiple protocols suffered major exploits recently. Bitcoin-focuse...
36Crypto
Echo Protocol Regains Control After Admin Key Exploit
Echo Protocol has reclaimed its compromised admin key and burned 955 $eBTC left in the attacker's wallet. Total losses from the Monad deployment exploit are estimated at around $816,000, while the Monad network itself remained unaffected.
BSC News
DeFi’s Worst Year Continues as $76.7M Drained From Echo Protocol
Echo Protocol paused its Monad bridge after an attacker minted about 1,000 unauthorized eBTC worth $76.7 million. On-chain data shows the attacker still holds about 955 eBTC, while roughly 384 ETH moved through Tornado Cash. DeFi’s difficult year continued on Tuesday after Echo P...
ETHNews.com
Echo Protocol pauses bridge after attacker mints $76M eBTC
Bitcoin-focused DeFi platform Echo Protocol has suffered an exploit after an attacker minted roughly 1,000 unauthorized eBTC tokens on the protocol’s Monad deployment. Blockchain security firm PeckShield and on-chain analytics platform Lookonchain reported on Tuesday that the att...
crypto.news
Curvance Halts eBTC Market After Detecting Suspicious Activity, Echo Protocol Faces $76.7 Million Exploit Allegations
BitcoinWorld Curvance Halts eBTC Market After Detecting Suspicious Activity, Echo Protocol Faces $76.7 Million Exploit Allegations Decentralized finance (DeFi) protocol Curvance announced on May 19 that it has temporarily suspended operations in its eBTC market after detecting ab...
BitcoinWorld
CoW Swap users warned after Blockaid flags COW.FI frontend attack
Blockaid flags CoW Swap’s cow.fi frontend as malicious, urging users to revoke token approvals and avoid the dApp amid a broader wave of DeFi interface attacks. Blockchain security firm Blockaid has warned that CoW Swap’s primary website COW.FI has been…
crypto.news
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AboutCurvance is an omnichain money market platform for yield bearing assets. Collateralize assets while they generate rewards in DeFi, and benefit from gasless auto compounding positions that eliminate maintenance and boost yields. Curvance aims to break down barriers and make DeFi yield farming easy and efficient for individuals are protocols alike. Decentralized Lending - A peer-to-peer lending contract that allows users to provide liquidity, and allows collateral depositors to borrow stablecoins at fair market value rates. Token Governance - The CVE governance token will allow for participation in DAO voting. Curvance DAO controls all aspects of Curvance, such as token emission weights, collateral eligibility, lending assets, and platform fee rates/distribution. Liquidity Routing - Collateral deposits to the Curvance platform are routed to the underlying ecosystems that earn yield, complex operations are simplified into a single click and handled behind the scenes via immutable smart contracts.
DetailsCategories
Decentralized Finance (DeFi)Governance
Date
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Close
January 01, 1970
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