Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Curve Finance, one of the largest decentralized finance (DeFi) platforms, has suffered an exploit that resulted in a $1 million reward block. The exploit, believed to be an arbitrage attack, allowed the attacker to manipulate the Maximal Extractable Value (MEV) of the platform, causing a spike in gas fees and resulting in the $1 million reward. Curve Finance has acknowledged the incident and has assured users that their funds are safe. The platform is working on implementing measures to prevent similar exploits from happening in the future.
