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The Chopping Block: Who’s to Blame for the Curve Hack? - Ep. 526
Unchained
The State of the Art in White-Hatting
There was a hack of curve, one of the largest on-chain protocols in DeFi. Curve is an AMM that basically allows you to trade Assets that are tightly pegged against each other most commonly trading stablecoins. The reason why these pools were affected is that they all used an old version of Viper so this bug Freaked people out. Half of all the capital in curve has pulled out and it's now down almost 50% of all the assets in curve meaning one point five billion dollars Was withdrawn from curve over the last call at 48 ish hours Let me pause there because I think for a lot of folks They may not understand the contours of what it means when to say that
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