Curve Finance awards dev $250k for finding reentrancy vulnerability

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Curve Finance classified the threat as “not as dangerous,” but acknowledged that it “could have caused serious panic if it had happened.”

A security researcher was rewarded $250,000 for discovering a vulnerability that has historically allowed hackers to pull out millions of dollars from cryptocurrency protocols.

Curve Finance acknowledged potential security flaws and “recognized the severity of the vulnerability,” Marco Croc explained. After a thorough investigation, Curve Finance awarded Marco Croc its maximum bug bounty award of $250,000.According to Curve Finance, the threat was classified as “not as dangerous,” and they believed they could recover the stolen funds in such a case.

 

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