“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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Upbit Halts Trading of Curve Finance's Token After $100M ExploitSouth Korea's Official_Upbit has suspended $CRV withdrawals and deposits after CurveFinance suffered an over $100 million exploit. thesamreynolds reports.
Source: CoinDesk - 🏆 291. / 63 Read more »
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.
Source: CoinDesk - 🏆 291. / 63 Read more »
Curve Finance's Token Surges 500% on Bithumb After Major ExploitThe CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness.
Source: CoinDesk - 🏆 291. / 63 Read more »