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Curve, a stablecoin trade on the coronary heart of decentralized finance (DeFi) on Ethereum, has been the sufferer of an exploit in keeping with a tweet from the undertaking. Upwards of $100 million value of cryptocurrency are in danger on account of a “re-entrancy” bug in Vyper, a programming language used to energy components of the Curve system. A number of stablecoin swimming pools on the platform — used for pricing and liquidity on numerous completely different DeFi providers — have been drained by hackers up to now.
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