Upbit halts CRV token deposits and withdrawals amid Curve Finance’s ongoing issues caused by a reentrancy vulnerability in specific Vyper compiler versions.
The exchange’s announcement mentioned the discovery of certain vulnerabilities in some stablecoin pools related to CRV. As a result, CRV is currently experiencing considerable volatility, and potential investors are advised to exercise caution.
Curve Finance, a DeFi platform, encountered a reentrancy vulnerability, a security flaw that allowed funds to be drained from uninterrupted contract calls. This issue persisted yesterday and today, with significant outflows linked to interactions exploiting the vulnerability in specific Vyper compiler versions.
Vyper tweeted about the vulnerability in versions 0.2.15, 0.2.16, and 0.3.0, which suffer from malfunctioning reentrancy locks. They are currently investigating the issue and urge projects using these versions to contact them promptly.
In a concerning development, millions of CRV tokens were stolen shortly before a white hat rescue mission intended to protect the funds.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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