{"id":483944,"date":"2022-08-12T23:30:00","date_gmt":"2022-08-12T20:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/"},"modified":"2022-08-12T23:30:00","modified_gmt":"2022-08-12T20:30:00","slug":"curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/","title":{"rendered":"# Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a326be9ac55f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a326be9ac55f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#%E2%80%9D_Curve_Finance_resolves_site_exploits_directs_users_to_revoke_recent_contracts_Finance_Redefined_%E2%80%9C\" >&#8221; Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined  &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#Curve_Finance_resolves_site_exploits_directs_users_to_revoke_any_recent_contracts\" >Curve Finance resolves site exploits, directs users to revoke any recent contracts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#Cross-chain_bridge_RenBridge_laundered_540M_in_hacking_proceeds_Elliptic\" >Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#Interlay_launches_trustless_BTC_stablecoin_bridge_on_Polkadot\" >Interlay launches trustless BTC stablecoin bridge on Polkadot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#DeFi_platform_Oasis_to_block_wallet_addresses_deemed_at-risk\" >DeFi platform Oasis to block wallet addresses deemed at-risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\/#DeFi_market_overview\" >DeFi market overview<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Curve_Finance_resolves_site_exploits_directs_users_to_revoke_recent_contracts_Finance_Redefined_%E2%80%9C\"><\/span>&#8221; Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvNDllMjk3ZWItMmE0Ny00NWU2LWEzZGQtNGY0MjdmNmI1YTJhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights \u2014 a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>letter crafted to bring you significant developments over the last week.<\/p>\n<p>This past week, cross-bridge protocols became the center of DeFi discussions as a new report showed RenBridge was used to launder $540 million in stolen funds. Curve Finance, on the other hand, resolved its site exploit and directed users to revoke any recent contracts.<\/p>\n<p>Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot named interBTC (iBTC), DeFi platform Oasis.<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> says that sanctioned addresses will no longer be able to access the application.<\/p>\n<p>The majority of the top-100 DeFi tokens saw a new surge in bullish momentum along with the rest of the market, with several of the tokens registering a double-digit gain on the weekly charts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Curve_Finance_resolves_site_exploits_directs_users_to_revoke_any_recent_contracts\"><\/span>Curve Finance resolves site exploits, directs users to revoke any recent contracts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On Aug. 9, automated market maker Curve Finance took to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> to warn users of an exploit on its site. The team behind the protocol noted that the issue, which appeared to be an attack from a malicious actor, was affecting the service\u2019s nameserver and frontend.<\/p>\n<p>Curve stated via Twitter that its exchange \u2014 which is a separate product \u2014 appeared to be unaffected by the attack, as it uses a different domain name system (DNS) provider. <strong> <\/strong><\/p>\n<p><strong>Continue reading<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cross-chain_bridge_RenBridge_laundered_540M_in_hacking_proceeds_Elliptic\"><\/span>Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half a billion dollars in ill-gotten crypto assets. <\/p>\n<p>According to a new report, crypto bridge RenBridge facilitated the laundering of at least $540 million in proceeds of crime since 2020 through a process known as chain hopping \u2014 converting one form of cryptocurrency into another and moving it across multiple blockchains.<\/p>\n<p><strong>Continue reading<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Interlay_launches_trustless_BTC_stablecoin_bridge_on_Polkadot\"><\/span>Interlay launches trustless BTC stablecoin bridge on Polkadot<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Interlay, a London-based blockchain firm, launched a BTC-based cross-chain bridge on Polkadot. Named interBTC (iBTC), the bridge allows the use of Bitcoin on non-native blockchains for DeFi, cross-chain transfers and nonfungible tokens (NFTs), among others.<\/p>\n<p>interBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO\u2019s Dai (DAI) token, a stablecoin on the Ethereum blockchain.<\/p>\n<p><strong>Continue reading<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"DeFi_platform_Oasis_to_block_wallet_addresses_deemed_at-risk\"><\/span>DeFi platform Oasis to block wallet addresses deemed at-risk<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to a new community Discord post on Aug. 11, the DeFi platform Oasis.app says that sanctioned addresses will no longer be able to access the application. <\/p>\n<p>As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such a category of users must interact directly with the relevant underlying protocol where funds are stored or find another service.<\/p>\n<p><strong>Continue reading<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"DeFi_market_overview\"><\/span>DeFi market overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Analytical data reveals that DeFi\u2019s total value locked registered a rise of 5 billion dollars from the past week, posting a value of $68.94 billion. Data from Cointelegraph Markets Pro and TradingView shows that DeFi\u2019s top 100 tokens by market capitalization had a bullish week, with several tokens registering double-digit gains.<\/p>\n<p>Ankr (ANKR) was the biggest gainer among the top 100, registering a 48% surge over the past week, followed by Avalanche (AVAX) with a 20% surge. Oasis Network (ROSE) saw an 18% price rise, and Chainlink (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=Chainlink+price+index+cointelegraph&amp;rlz=1C1CHZN_enIN1005IN1005&amp;oq=Chainlink+price+index+cointelegraph&amp;aqs=chrome..69i57j0i546l2j0i30i546l3.7714j0j7&amp;sourceid=chrome&amp;ie=UTF-8\">LINK<\/a>) registered a 16% rise on the weekly chart.<\/p>\n<p>Thanks for reading our summary of this week\u2019s most impactful DeFi developments. Join us next Friday for more stories, insights, and education in this dynamically advancing space.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/curve-finance-resolves-site-exploits-directs-users-to-revoke-recent-contracts-finance-redefined\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined &#8220; Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights \u2014 a newsletter crafted to bring you significant developments over the last week. This past week, cross-bridge protocols became the center of DeFi discussions as a new&#8230;<\/p>\n","protected":false},"author":1,"featured_media":483945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvNDllMjk3ZWItMmE0Ny00NWU2LWEzZGQtNGY0MjdmNmI1YTJhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74868,74882,70944],"class_list":["post-483944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-defi","tag-hacks","tag-hackers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=483944"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/483945"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=483944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=483944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=483944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}