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The News Crypto 2023-07-31 07:29:43

Curve Finance Exploit: DeFi Projects Lose $47M

In a devastating blow to the decentralized finance (DeFi) ecosystem, several projects utilizing Vyper— an alternative programming language for Ethereum smart contracts, suffered significant losses, with attackers making off with over $47 million. The incidents occurred on July 30, targeting stable pools on Curve Finance, an automated market maker platform.

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