2023-08-02
$52 million worth of cryptocurrencies
got hacked from Curve Finance on July 30, 2023. Curve Finance is one of the
largest decentralized exchanges. There was a bug found within the old version
of Vyper compiler contract programming language causing failure in the security
system.
The hacker stole $52 million worth of cryptocurrencies
from Curve Finance’s liquidity pools. These following pools have been
exploited: alETH/ETH, msETH/ETH, pETH/ETH, and CRV/ETH. Blockchain security firm PeckShield has udpate
On July 30, Curve Finance had a TVL of
$3.266 billion. After $52 million exploit that happened on July 30. On August
2, Curve Finance’s TVL decreased to $1.715 billion. Curve Finance’s TVL
decreased 46% in just 3 days.
