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..

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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.”
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