BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Curve Finance Hack Update

BlockNews Team by BlockNews Team
August 11, 2023
in CRYPTO, FINANCE, MEDIA
Reading Time: 2 mins read
1
SHARES
18
VIEWS
Share on XShare in TelegramShare on Reddit
  • Curve Finance has issued a post-hack safety report.
  • 70% of stolen funds have been recovered. 
  • $20 million in ETH is still unaccounted for. 

After tens of millions were drained from liquidity pools in a 0-day exploit enabled by reentrancy call loops during a Vyper Compiler malfunction which left Curve Finance reeling, the swap protocol has set its sights on a stable recovery. 

Quick post-hack update.

While 70% of funds affected by the hack last week are recovered, active investigation with regards to the rest is underway.

In the meantime, we are also working on measuring the respective shares of each affected user with the goal of proper distribution

— Curve Finance (@CurveFinance) August 11, 2023
Via @CurveFinance – X

Nearly three-quarters of the $60 million in stolen funds have been recovered, and an investigation remains active to regain the remaining amount. Curve Finance is currently working on measuring the holdings of each user impacted by the exploit and is exploring redistribution. 

Four liquidity pools are still affected by the exploit, including ALETH, PETH, MSETH, and CRVETH. Additionally, the Arbitrum-TRICRYPTO liquidity pool was accessed, and a possible vulnerability was identified but was not exploited. Regardless, Curve has cautioned users to withdraw from this pool and avoid it temporarily. 

Post-hack safety report:
– aleth, peth, mseth, crveth pools were exploited due to bug in vyper 0.2.15-0.3.0
– arbitrum-tricrypto pool can affected by the vulnerability but no possibility of exploit was identified (still, better leave that pool)
– All other pools on Curve are safe

— Curve Finance (@CurveFinance) August 11, 2023
Via @CurveFinance – X

Conclusion

While the hacker continues to allude authorities, the meticulous process of assessing and quantifying the holdings of each affected individual underscores Curve’s commitment to transparency and fairness.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Curve Finance
TweetShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

ADA Trades Below All Major Moving Averages — Here Is Why Bears Still Control the Cardano Chart
CARDANO

ADA Trades Below All Major Moving Averages — Here Is Why Bears Still Control the Cardano Chart

November 19, 2025
Bitwise Dominates Solana ETFs With 80% Share — Here Is What TSOL’s Launch Changes
CRYPTO

Bitwise Dominates Solana ETFs With 80% Share — Here Is What TSOL’s Launch Changes

November 19, 2025
Portnoy Scoops Up $2.15M in Crypto During Market Chaos — Eric Trump Calls It a “Smart Move”
CRYPTO

Portnoy Scoops Up $2.15M in Crypto During Market Chaos — Eric Trump Calls It a “Smart Move”

November 19, 2025
XRP Structure Turns Bearish Below $2.06 — Here Is How Traders Are Positioning for the Next Big Move
CRYPTO

XRP Structure Turns Bearish Below $2.06 — Here Is How Traders Are Positioning for the Next Big Move

November 19, 2025
BitMine Holds $30 Support as Earnings Near — Here Is How an ETH Rebound Could Send BMNR to $65
CRYPTO

BitMine Holds $30 Support as Earnings Near — Here Is How an ETH Rebound Could Send BMNR to $65

November 19, 2025
Solana Slips as 21Shares Launches New SOL ETF — Here Is What Traders Should Expect Next
CRYPTO

Solana Slips as 21Shares Launches New SOL ETF — Here Is What Traders Should Expect Next

November 19, 2025
Load More

Related News

ADA Trades Below All Major Moving Averages — Here Is Why Bears Still Control the Cardano Chart

ADA Trades Below All Major Moving Averages — Here Is Why Bears Still Control the Cardano Chart

November 19, 2025
Bitwise Dominates Solana ETFs With 80% Share — Here Is What TSOL’s Launch Changes

Bitwise Dominates Solana ETFs With 80% Share — Here Is What TSOL’s Launch Changes

November 19, 2025
Portnoy Scoops Up $2.15M in Crypto During Market Chaos — Eric Trump Calls It a “Smart Move”

Portnoy Scoops Up $2.15M in Crypto During Market Chaos — Eric Trump Calls It a “Smart Move”

November 19, 2025
XRP Structure Turns Bearish Below $2.06 — Here Is How Traders Are Positioning for the Next Big Move

XRP Structure Turns Bearish Below $2.06 — Here Is How Traders Are Positioning for the Next Big Move

November 19, 2025
BitMine Holds $30 Support as Earnings Near — Here Is How an ETH Rebound Could Send BMNR to $65

BitMine Holds $30 Support as Earnings Near — Here Is How an ETH Rebound Could Send BMNR to $65

November 19, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews