PANews reported on June 5 that according to Decrypt, Curve Finance founder Michael Egorov revealed that "hired" hackers are coordinating cross-platform attacks, making the security of DeFi projects more difficult. Last month, Curve Finance was attacked by DNS, the front-end website was breached, and users were redirected to malicious websites. Egorov explained that although the team used strong passwords and two-factor authentication, the domain name registrar transferred the domain name ownership to others without notifying Curve management, leading to this attack.

He pointed out that "carefully planned" attacks by threat actors are becoming more common, and they may even accept bribes to target specific projects. Compared with traditional finance, the risks of cryptocurrency are very different because its transactions are almost instantaneous and attacks are irreversible once they occur. Egorov emphasized that the security standards for cryptocurrency are extremely high and the existing Internet infrastructure is difficult to meet the needs.