Curve Finance Hacker Returns $5.4 Million, But CRV Dumps 15%
On July 30, Curve Finance suffered exploits on a number of its stable pools that were using Vyper, which is a smart contract programming language for the Ethereum Virtual Machine…
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Ethereum logs $1M MEV block reward amid Curve Finance exploit
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos.
Curve Finance pools exploited in over $24M due to reentrancy vulnerability
Several stable pools on Curve Finance using Vyper were exploited on July 30.
Gauntlet Accused of Sneaking in Previously Rejected Proposal to Adjust CRV LTV to Zero
Gauntlet, a decentralized finance (DeFi) risk management entity, seems to be facing some backlash on its latest proposal on the Aave governance forum after it was accused of fixing in…
Curve Founder Repays 1.3M USDT of Aave Loan to Reduce Liquidation Risk: Data
A wallet linked to Michael Egorov, the founder of decentralized exchange (DEX) and automated market maker protocol Curve, has reduced its on-chain debt by repaying 1.35 million USDT of a…
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
The stablecoin pool ideally has a weightage of 33.3% of USDT, USDC and DAI; however, on June 15, the USDT weightage rose above 70% in the pool.
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the…
An Estimated 128 ETH Lost in the Celer Protocol DNS Attack
The blockchain interoperability protocol, Celer Network’s cBridge project, became the target of a DNS hijacking attack. The team notified the community about suspicious DNS activity on August 17th. After investigation,…
Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million…