You are viewing a single comment's thread from:

RE: LeoThread 2023-07-31 13:35

in LeoFinance • 2 years ago

🧵 1. A coding vulnerability in Curve Finance liquidity pools led to a $100M risk. Exploited pools included aETH/ETH, msETH/ETH, pETH/ETH, and CRV/ETH. #crypto

2 years ago in LeoFinance by
$0.02
  • Past Payouts $0.02
  • - Author $0.01
  • - Curators & beneficiaries $0.01
  • > null: $0.01
8 votes
Reply 4
Sort:  
  • Trending
    • [-]
     2 years ago  

    🧵 2. Good news: A centralized exchange (CEX) price feed saved Curve Finance's native token from collapsing. CRV's price on DEX dropped to $0.086, while it traded at $0.60 on CEX.

    $0.00
      Reply
      [-]
       2 years ago  

      🧵 3. Chainlink's oracle system, used by Curve pools, integrates CEX price feeds. Without this, Curve would have collapsed completely.

      $0.00
        Reply
        [-]
         2 years ago  

        🧵 4. The Vyper vulnerability exploited in Curve Finance may have been a state-sponsored attack, suggests a program contributor. Importance of code upgrades highlighted.

        $0.00
          Reply