New Curve Finance Hack: Why a Secure Crypto Wallet Is More Important Than Ever

DexnetDexnet
3 min read

In early May 2025, Curve Finance — one of the largest platforms in the DeFi space — was hacked again. This marks the second incident in just one month. This time, attackers hijacked the protocol’s DNS and redirected users to a phishing website. Although the smart contracts remained secure, many users were exposed to risk.

What happened?
According to official statements from Curve Finance:

  • Hackers redirected traffic from the Curve website to malicious IP addresses.

  • The platform’s frontend was compromised, leading users to a fake interface.

  • An emergency warning was issued: “Do not interact with curve.fi!”

  • The incident also impacted Curve’s partners, including Convex Finance and Resupply, disrupting their operations.

  • Recovery of control over the domain name system is still ongoing.

This isn’t the first time: in 2022, Curve suffered a similar DNS-based attack. That breach resulted in the theft of over $570,000 in ETH by tricking users into redirecting their funds.

Why is this a wake-up call for all DeFi users?

Most users interact with DeFi protocols through web interfaces. Even if smart contracts are decentralized and secure, the frontend remains vulnerable to:

  • DNS hijacking

  • Phishing

  • Injection of malicious code into interfaces

One wrong click — and you lose access to your assets. This raises a critical question: Where is it truly safe to store crypto assets?

What to do? Start with choosing a secure wallet

A major mistake many users make is storing assets in browser wallets directly connected to DeFi sites. When a site is compromised, your assets are instantly at risk.

That’s why it’s essential to:

✔ Store crypto in a separate, secure wallet
✔ Avoid binding wallets to specific sites or interfaces
✔ Use a solution that does not depend on frontends

DexSAFE — a wallet where security doesn’t depend on websites

DexSAFE is a totally decentralized crypto wallet that cannot be compromised through phishing sites, domain hijacks, or fake interfaces. It’s independent of DNS, hosting, or web servers.

Here’s why DexSAFE users can feel secure:

  • Total isolation from third-party interfaces

  • Keys are stored only by the user

  • Instant transfers between addresses — directly, with no intermediaries

  • Strong software protection: seed phrase, passphrase, biometric lock, PIN, and Duress mode

  • Support for 15+ blockchains and its own multi-network infrastructure

Most importantly: Even if the platforms you interact with are compromised, your assets stay safe — because DexSAFE doesn’t rely on websites at all.

Conclusion
DeFi platform hacks are no longer rare exceptions — they’re a systemic risk, and this risk will only grow. Security in Web3 isn’t just about smart contracts — it’s about where and how you store your funds.

If you still don’t have a secure wallet — now is the time to fix that.

DexSAFE is a strong foundation for every crypto user.

Install now: 📱 Android or 📱 IOS.

🌐Website 📰MediumInst📱Х

#Dexsafe

#Curve Finance

0
Subscribe to my newsletter

Read articles from Dexnet directly inside your inbox. Subscribe to the newsletter, and don't miss out.

Written by

Dexnet
Dexnet