Late Sunday, Curve, the third-largest DEX, fell victim to a flash loan exploit that put $100 million worth of cryptocurrency at risk. Curve DAO’s native CRV token fell over 15% to $0.63 following the attack. The quick decline introduced additional risk, potentially threatening to liquidate $70 million worth of borrowed position of Curve founder. www.coindesk.com
Late Sunday, Curve, the third-largest DEX, fell victim to a flash loan exploit that put $100 million worth of cryptocurrency at risk. Curve DAO’s native CRV token fell over 15% to $0.63 following the attack. The quick decline introduced additional risk, potentially threatening to liquidate $70 million worth of borrowed position of Curve founder.
www.coindesk.com