Is DeFi in Trouble? Curve Exploit Explained

1 year ago
23

Curve has made headlines once again after a software exploit resulted in $1.5bn of outflows and put a further $100m at risk. According to DefiLlama, nearly half of all the cryptocurrency deposited on curve finance has since been removed. So, what’s a re-entrancy attack, and what went wrong?

Our sponsor
https://summer.fi/ajna

✨ Check out our new website ✨
https://thedefiant.io/

🚀 Sign up to our newsletter 🚀
https://thedefiant.io/go-premium#pricing?utm_source=YT&utm_medium=social&utm_campaign=signup

🤑 Find DeFi investment opportunities & educational primers here
https://thedefiant.io/promo?utm_source=YT&utm_medium=social&utm_campaign=alpha

✊ Follow The Defiant
Twitter: https://twitter.com/defiantnews
Discord: https://discord.gg/thedefiant
Instagram: https://www.instagram.com/thedefiant.io/
Telegram: https://t.me/DefiantNews

📬 Contact our Newsroom
editorial@thedefiant.io

🤝 Sponsorships & Partnerships
sponsors@thedefiant.io

💚 Follow The Defiant team on Twitter
Camila Russo: https://twitter.com/CamiRusso
Alp Gasimov: https://twitter.com/alpgasimov
yyctrader: https://twitter.com/yyctrader1
Owen Fernau: https://twitter.com/ofernau
Devin Sawyer: https://twitter.com/devinsawyer
Samuel Haig: https://twitter.com/samuel_haig
Diego Cabral: https://twitter.com/DiegoCabral__
Nick Duddy: https://twitter.com/nickduddy
Pab: https://twitter.com/pprhsk
Tegan Kline: https://twitter.com/theklineventure
Jeremy: https://twitter.com/ETH_Nation

#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3

Loading comments...