Curve DAO Token

<ul><li>A DeFi expert believes that the exploit of Curve Finance may involve state-sponsored hackers.</li><li>The expert cited the dedication and sophistication of the DeFi attack for their reasoning.</li><li>With the contracting of the DeFi market, hackers may be looking at compiler zero-day vulnerabilities.</li></ul>A decentralized finance expert who goes by fubuloubu on Twitter believes that the attack that occurred on Curve Finance earlier today could be the work of state-sponsored hackers. As per the DeFi expert, the hackers behind this attack worked very hard and put in a significant amount of time and effort to execute the exploit on Curve stable pools.The DeFi expert took to Twitter earlier today to share their thoughts on the Curve Finance exploit:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/42da928257324ec3aedab31e0245b3a0.png" />The hackers who targeted Curve Finance’s Vyper compiler earlier today, managed to <a href="https://twitter.com/CurveFinance/status/1685693202722848768" rel="noopener noreferrer nofollow">hack</a> multiple pools, including crv/eth, aleth/eth, mseth/eth, and peth/eth. The exploit was executed using a zero-day reentrancy vulnerability that affected Vyper versions 0.2.15, 0.2.16, and 0.3.0. Fubuloubu was also a developer for Vyper.According to fubuloubu, the vulnerability that was exploited by the hackers was not something that a typical blockchain researcher would look for. As per the Vyper developer, the hackers dug deep into Vyper’s release history to find an exploitable vulnerability, which would have taken a lot of time. The developer cited the coordination, sophistication, and resourcefulness of the exploit to claim that it could have been the work of state-sponsored hackers.Read full article at<a href="https://cryptotale.org/curve-finance-exploit-may-involve-state-sponsored-hackers-defi-expert/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Curve Finance Exploit May Involve State Sponsored Hackers: DeFi Expert

CryptoTale

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