- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Makina: The hack only affected DUSD/USDC pool users and a snapshot was taken before the incident
BlockBeats News, January 21st. Multi-chain DeFi execution engine Makina has released the latest update on yesterday's hack. The hack only affected users providing liquidity to the Curve DUSD/USDC pool, with users holding DUSD, Pendle, and Gearbox positions remaining unaffected. Makina has currently identified clues about the hacker's identity and is actively engaging with them.
Prior to the attack, Makina had taken a snapshot of the Curve DUSD/USDC pool. If users are still providing liquidity in the Curve DUSD/USDC pool, please withdraw your funds to DUSD only until further notice. The team is taking additional measures, disabling the recovery mode and re-enabling the redemption function.
Yesterday, Makina was attacked on the Ethereum network, resulting in a loss of 5,107,871 USDC. Its vulnerability allowed the attacker to manipulate the pool's price, inflate the liquidity provider's asset value, and carry out an arbitrage attack.
You may also like
Polymarket vs. Kalshi: The Full Meme War Timeline
Consensus Check: What Consensus Was Born at the 2026 First Conference?
Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?
Russian-Ukrainian War Prediction Market Analysis Report
Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?
Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.
The Israeli military is hunting a mole on Polymarket
Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?
BlackRock Buying UNI, What's the Catch?
Lost in Hong Kong
Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?
Coinbase and Solana make successive moves, Agent economy to become the next big narrative
Aave DAO Wins, But the Game Is Not Over
Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?
ICE, the parent company of the NYSE, Goes All In: Index Futures Contracts and Sentiment Prediction Market Tool
App