The decentralized finance (DeFi) ecosystem has skilled a difficult week after a seismic safety incident led to over $61 million being stolen from Curve Finance’s swimming pools, leaving a number of protocols dealing with broader contagion dangers.
This assault uncovered vulnerabilities throughout DeFi tasks and sparked efforts to get well stolen funds over the previous few days.
The hack: Curve Finance swimming pools are exploited for over $61 million as a result of reentrancy vulnerability
The impression: Vyper vulnerability exposes DeFi ecosystem to emphasize checks; CRV worth plummets
Curve’s CEO scurries to pay collateralized loans
CEX worth feed prevents Curve worth from collapsing
DeFi group: Moral hacker retrieves $5.4M for Curve Finance amid exploit
The return of funds: Curve, Metronome and Alchemix providing 10% bug bounty; hacker takes it
Proceed Studying on Coin Telegraph
