Upbit Halts CRV Withdrawal and Deposit After Curve Finance Exploit

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CORRECTION: South Korea's Official_Upbit says that its suspending $CRV withdrawals and deposits because of high volatility, thesamreynolds reports.

“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.

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