Curve Finance's X account, a Popular Stablecoin loan platform, is the last to face a hack that has been used to promote false Crand CRV. In the post X now deleted, the hackers urged users to register before an instantaneous planned for Sunday to become eligible for Airdrop.
Curve finance x confirmed account hack
In the X postThe pirates shared a link to the official curve website. However, Michael Egorov, the founder of Curve Finance, quickly confirmed the compromise of the X account of the platform. He noted that the position had not come from his team and added that hacking only occurred on X account.
He urged his subscribers not to click on a link that the official Curve X account shares until the team regains control. Crypto Influencer Credibull Crypto has also confirmed hacking, highlighting the message of the founder of the finance of the curve. He urged users not to submit their contact details on the post.
Such disclosure is mandated on the X social media platform, and eminent personalities and brands are frequently victims of cryptographic strikers. Earlier in March, Ripple CTO David Schwartz reported a suspicious position On John Deaton's profile on a promotional tweet.
The curve financing team has not yet provided details on how the attacker has had access to the X account. However, as Egorov said, the violation seems to be limited to the X account.
CRV Tokens Pic, what happened?
Despite the potential violation, the native token of the protocol experienced a sharp increase in prices. The prices of CRV tokens have experienced a substantial increase in the daily graphic. In the past 24 hours, the CRV price increased by 1.9% to negotiate at $ 0.7. The daily negotiation volume increased by 39% to 124.3 million dollars, demonstrating an increase in market activity.
The eminent market analyst, the mental merchant had previously claimed that the CRV could reach $ 3, citing a bullish technical indicator.
His prediction comes in the middle of enormous sales of CRV by the founder Egorov. Since March 24, the founder has sold a cumulative of 3.083 million CRV tokens, which amounted to 1.62 million dollars. On March 26, Egorov again Throwing nearly 2 million CRVstriggering discussions on the future movement of token prices.
Users paying attention to the financing of the curve
The current price level is a big boost for the financing of the hollow curve he printed when he experienced a major hack in 2023.
THE Decentralized finance (DEFI) witnessed a significant increase in user activity in the first quarter of 2025. During this period, the curve financing platform amassed $ 35 billion in negotiation volumes, increasing by 13% compared to last year.
In addition, Defilama's data revealed that total transactions on the platform increased from around 1.8 million to 5.5 million in the first three months.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who are enjoying writing on the actual applications of blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desires to educate people on cryptocurrencies inspire his contributions to the media and sites based on renowned blockchain. Benjamin Godfrey is a lover of sport and agriculture. Follow him X,, Liendin
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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