Curve Liquidity Pools Exploited, Hackers Steal $24M From DeFi Protocols | CoinMarketCap

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Curve Liquidity Pools Exploited, Hackers Steal $24M From DeFi Protocols | CoinMarketCap
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CryptoNews: On July 30, a number of decentralized finance (DeFi) protocols came under attack, which led to the loss of Cryptocurrency valued at over $24 million. 👀

bot spotted the would-be attacker's transaction and paid a charge to perform a comparable transaction ahead of them, front-running the attacker.

It was discovered that Vyper, a third-party programming language for Ethereum smart contracts, was responsible for the flaw. Vyper said that the compiler for the programming language had failed. As re-entry guards were built into the projects' code and were supposed to protect against re-entry attacks, this rendered them inoperable.Related Articles

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