Source
On 9th of August, Decentralised Finance (DeFi) Protocal Curve Finance was under cyber attack. As soon as the attack was spotted by the Curve technical team, they alerted the users not to use their site. After around one hour, the team were able to fix the breach. But the damage was already done, the hackers stole an amount of $5,37,000 worth of USDC coins.
The hacker tried to clear the trail of the funds stolen, transferred the funds to various sites and from there to Binance. Binance team analysed and spotted the abnormal activity of the fund transfer and freezed the funds and notified that it will release the funds to the rightful owner.