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Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
    Posted on 07/31/2023
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. 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 drained by hackers so far.
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