Makina Finance Suffers $4.2M Exploit as Hacker Drains Curve Pool

BitcoincomNews · 2026-01-20T05:57:19+00:00

Makina Finance lost 1,299 ETH, valued at approximately $4.2 million, due to a complete drain of its DUSD/USDC CurveStable liquidity pool by hackers, as reported by PeckShieldAlert. No exchange deposits have been identified, and there's no official update from Makina Finance.

BitcoincomNews

2026-01-20 05:57:19

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Story Highlights* Makina Finance lost 1,299 ETH after hackers drained its DUSD/USDC CurveStable liquidity pool completely.

Blockchain security firm PeckShieldAlert first reported the exploit, confirming losses near $4.2 million total.
No exchange deposits detected yet, while Makina Finance has issued no official update publicly.

ETH-6,81%

USDC0,04%

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