Curve Finance exploit has 'shaken confidence in DeFi'

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The DeFi protocol saw several of its liquidity pools exploited as a result of a bug in smart contracts that use versions of Vyper.

"Confidence in DeFi is definitely shaken, if a protocol that ran without problems for three years gets exploited, it makes us question how safe other blue-chip protocols like Aave, Compound, or even

"The worst thing about the Curve hack is this is not something a typical researcher would have looked for, they dug deep in our release history to find an exploitable issue for a large protocol with many millions at stake, this took a significant amount of time to identify," a leadingIgnas said the exploit"raises concern that any protocol compiled with Vyper could be at risk.

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