CRV Got Hacked And Justin Sun Came To The
Yesterday some pools in the Curve finance platform got hacked the affected pools was some Ethereum pools and an Arbitrum liquidity pools. Initially they believed the exploit to be around 20 million but from what it seems it was around 50 million
As a result of an issue in Vyper compiler in versions 0.2.15-0.3.0, following pools were hacked:
crv/eth
aleth/eth
mseth/eth
peth/eth
Another pool potentially affected is arbitrum’s tricrypto. Auditors and Vyper devs could not find a profitable exploit, but please exit that one
But the most worrysome problem is that if CRV drops below $0.37, there's 300M CRV to liquidate in Aave -most from Curve's founder
And There's not a single Exchange or DeFi protocol where one can sell such a large CRV amount.
Read more here if you want to know how CRV got into that position and how many other protocols can be affected.
But one more thing that got my attention is that after the hack the Founder of CRV started selling his coins to this guy
source
So is it me or Curve is officially done for?
And the most important thing that every bad shit that is going on in the Crypto Industry this Justin Sun is either involved or appears to come to the rescue after the collapse what the fuck is going on with this guy?
So what are your thoughts? Anyone lost funds in the hack or holding CRV? Because the token lost almost 30% of it's value
Posted Using LeoFinance Alpha
@tipu curate
Upvoted 👌 (Mana: 16/66) Liquid rewards.
I am done with most of the ridiculous DeFi bullshit.
Just building up, as an exception, an investment on SNX (but not using the collateral stuff).
From what is happening the past years you made the better decisions
Sun is toxic to anything he touches. I'd abandon ship.