Curve has beenrecently, with its Conic Finance omnipool getting exploited for $3.6 million in Ethereum last week in a similar reentrancy attack.
Furthermore, Curve Finance’s total value locked has tanked 43% since the exploit, falling from $3.26 billion to $1.87 billion,Curve’s native token, CRV, dumped 18% in the hours following the attack. At the time of writing, CRV was trading at $0.621, having lost 15% over the past 24 hours. The DeFi token has had a rough ride recently, dropping 23% over the past fortnight. As a result, CRV remains down a painful 96% from its August 2020 all-time high of $15.37.in the DeFi ecosystem have been hit hard in this bear market and remain down 80-90% from their peak price levels.
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Curve Finance factory pools targeted due to reentrancy vulnerabilityFactory pools on Curve Finance faced a reentrancy vulnerability, a security flaw allowing potential funds drain from interrupted contract calls.
La source: TheBlock__ - 🏆 464. / 53 Lire la suite »
Curve Finance pools exploited in over $24M due to reentrancy vulnerabilitySeveral stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. Several stable pools on Curve Finance were exploited on July 30, with losses reaching $24 million. According to Vyper, its 0.2.15, 0.2.16, and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks, leaving projects relying on these versions exposed to potential risks.
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Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token TumblesMore than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.
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Crypto Futures Show Bias for Uniswap's UNI Token After Curve Finance ExploitUNI perpetual futures trade at 20% premium as traders expect Uniswap to gain even more market share after the CRV exploit, one research head said.
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Ethereum logs $1M MEV block reward amid Curve Finance exploitThe Curve Finance exploit has led to 'some of the largest MEV reward blocks in Ethereum’s history,' according to Ethereum core developer econoar. econoar “A bot notices an incoming hack in the mempool, reproduces the tx [transaction] and front runs it”, he explained before adding, “To do so they pay the block producer a lot of ETH to be front of the line.”
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »
Upbit suspends CRV deposits and withdrawals amid Curve Finance exploitSouth Korean crypto exchange Upbit has suspended deposits and withdrawals for Curve Finance's token, CRV.
La source: TheBlock__ - 🏆 464. / 53 Lire la suite »