Factory pools on Curve Finance have been exposed to a reentrancy
posted 31 Jul 2023
The total loss incurred surpassed $50 million, causing the Total Value Locked (TVL) of the project to drop by over 40% following the news.
CRV price also plummeted by over 20%.
Security analysts at Beosin reported that the attacker specifically targeted Curve’s factory pools associated with several projects, including Alchemix, JPEG’d, MetronomeDAO, deBridge, and Ellipsis.
CRV price also plummeted by over 20%.
Security analysts at Beosin reported that the attacker specifically targeted Curve’s factory pools associated with several projects, including Alchemix, JPEG’d, MetronomeDAO, deBridge, and Ellipsis.