Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the
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Finance
Curve Finance (CRV) Liquidation Threat Spooks DeFi Protocols
Another area of focus for teams has been reinforcing the links that lock DeFi protocols together. Last night, a representative for the stablecoin-focused Reserve Protocol, which builds on top of DeFi majors including Lido, Compound and Rocketpool, asked in their respective Discords for help to establish “a more robust incident
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DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum
Short term, fixed rate loans can now work in harmony with Aave and Compound's "ultimate liquidity" model. Source
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Ribbon Finance Settles First On-Chain Ether (ETH) ‘Autocallable’ With Marex and MEV Capital
How it works: If, after one week, the ether spot price is above the initial price at the time of the trade, the trade terminates early, with the buyer receiving the initial investment plus the 0.5% coupon. If, on expiry, ether trades 15% lower from the initial price, the buyer
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Curve Finance exploit triggers massive MEV rewards
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Ethereum network recently witnessed some of the highest Maximal Extractable Value (MEV) reward blocks in history, following a vulnerability on the Curve Finance platform. This event significantly rewarded MEV bots that front-ran transactions during the defi
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Ethical hacker retrieves $5.4M for Curve Finance amid exploit
A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the recent hack. On July 30, several stablepools on Curve Finance were exploited due to malfunctioning reentrancy locks on several
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After Curve Finance Exploit, Crypto Perpetual Futures Show Bias for Uniswap’s UNI Token
Late Sunday, Curve, the third-largest DEX, fell victim to a flash loan exploit that put $100 million worth of cryptocurrency at risk. Curve DAO's native CRV token fell over 15% to $0.63 following the attack. The quick decline introduced additional risk, potentially threatening to liquidate $70 million worth of borrowed
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Ethereum logs $1M MEV block reward amid Curve Finance exploit
The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH). On July 31, Ethereum core developer “eric.eth” reported that “today has produced some of the largest MEV reward blocks in Ethereum’s history,” adding it was caused by
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Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. Several stablecoin pools on the platform — used for pricing and liquidity on a number of different DeFi services — have been
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Curve Finance pools exploited in over $24M due to reentrancy vulnerability
Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks. "The investigation is ongoing but any project relying on these versions should immediately
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