Coinbase inadvertently made $1 million as a result of the Curve hack

Coinbase inadvertently made $1 million as a result of the Curve hack.

The $73 million Curve exploit in July briefly pushed prices on the DeFi platform out of whack, and a trading bot paid 570 ETH to ensure it could take advantage of that once-in-a-lifetime arbitrage opportunity.

The Ethereum validator that received that payment was apparently run by Coinbase, making it an unwitting beneficiary of the incident.

Exploit victim Alchemix reached out to Coinbase to seek a refund for victims, but the crypto exchange has evidently not turned over the money.

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