"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.
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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.
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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.
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Source: Cointelegraph - 🏆 562. / 51 Read more »