Curve-Vyper exploit: Your entire epic so some distance

The decentralized finance (DeFi) ecosystem has experienced a aggravating week after a seismic safety incident led to over $61 million being stolen from Curve Finance’s swimming pools, leaving several protocols facing broader contagion dangers.

This attack uncovered vulnerabilities all the way by way of DeFi projects and sparked efforts to earn greater stolen funds over the past few days.




The hack: Curve Finance swimming pools are exploited for over $61 million due to reentrancy vulnerability

Curve’s Michael Egorov confirmed the theft of 32 million Curve DAO tokens on July 30. Source: Telegram/LobsterDAO

The impact: Vyper vulnerability exposes DeFi ecosystem to stress tests; CRV rate plummets

Curve’s CEO scurries to pay collateralized loans

CEX rate feed prevents Curve rate from collapsing

DeFi neighborhood: Ethical hacker retrieves $5.4M for Curve Finance amid exploit

The return of funds: Curve, Metronome and Alchemix offering 10% worm bounty; hacker takes it

Message sent by the exploiter to the protocols on Aug. 4. Source: Etherscan

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