Curve Finance exploit has 'shaken confidence in DeFi'

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 464. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: TheBlock__ - 🏆 464. / 53 Läs mer »

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.
Källa: Cointelegraph - 🏆 562. / 51 Läs mer »

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.
Källa: CoinDesk - 🏆 291. / 63 Läs mer »

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.
Källa: CoinDesk - 🏆 291. / 63 Läs mer »

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.”
Källa: Cointelegraph - 🏆 562. / 51 Läs mer »