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REGULATION
by
2 years ago

$47 Millions Worth of Crypto On Curve Finance's Pools Have Been Exploited

2023-07-31

REGULATION
by
2 years ago


Stablepools on Curve Finance using Vyper were exploited on July 30, 2023.

 

According to Curve Finance, Stablepools including alETH/msETH/pETH using Vyper 0.2.15 have been exploited as a result of a malfunctioning reentrancy lock.

 

According to Vyper, codes in Viper compiler was one of the cause of the exploit, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks. 

 

Curve Finance is working on solving this problem. CRV, the utility token of Curve Finance price drops 18.31% after the exploit happened.

 

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