Upbit, the largest cryptocurrency exchange in South Korea, has temporarily suspended CRV withdrawals and deposits after Curve fell victim to a significant exploit.
Other exchanges have been keeping track of the situation but have not initiated any action as of now.
The Curve Finance Exploit
Curve Finance tweeted over the weekend that the protocol had fallen victim to an exploit. The protocol stated that over $100 million worth of cryptocurrency was at risk thanks to a reentrancy bug in Vyper, the programming language used to power parts of the larger Curve ecosystem. As a result, several stablecoin pools used in the pricing and liquidity of several DeFi projects were drained by hackers.
“A number of stablepools (alETH/msETH/pETH) using Vyper 0.2.15 have been exploited as a result of a malfunctioning reentrancy lock. We are assessing the situation and will update the community as things develop.”
In another tweet on Monday, the protocol listed out the hacked pools. It also s
We współpracy z: https://cryptodaily.co.uk/2023/08/upbit-suspends-crv-transactions-following-curve-finance-exploit
