Upbit suspends CRV deposits and withdrawals amid Curve Finance exploit

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Crypto exchange Upbit suspends CRV deposits and withdrawals amid Curve Finance exploit

"Today, certain vulnerabilities have been discovered in some of the stablecoin pools associated with Curve ," the exchange's

reads. It added,"As a result, CRV is currently experiencing significant volatility. We advise exercising caution when considering any investments related to CRV."a reentrancy vulnerability — a security flaw that allows for the potential draining of funds from uninterrupted contract calls — yesterday and into today. Significant outflows were linked to interactions exploiting the reentrancy vulnerability in specific Vyper compiler versions..

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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