Upbit Halts Trading of Curve Finance's Token After $100M Exploit

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South Korea's Official_Upbit has suspended $CRV withdrawals and deposits after CurveFinance suffered an over $100 million exploit. thesamreynolds reports.

“Today, certain vulnerabilities have been discovered in some of the stablecoin pools associated with Curve . As a result, CRV is currently experiencing significant volatility. We advise exercising caution when considering any investments related to CRV,” reads the announcement. “To ensure the safety of digital asset transactions, we have temporarily suspended deposits and withdrawals for CRV.”

Curve has suffered a potential loss of over $100 million due to a 're-entrancy' bug exploit in the Vyper programming language used in its tech stack, affecting several stablecoin pools.

 

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