🚨 Curve Finance, a major DeFi player, faced a $24M exploit on its stable pools due to a vulnerability in Vyper compiler versions. The attacker used "malfunctioning reentrancy locks" to drain funds, affecting several other DeFi projects. 😱

Vyper acknowledged the issue and urged affected projects to reach out. White hat hackers initiated a rescue operation, and Curve Finance confirmed crvUSD contracts & associated pools were unaffected. However, CRV token dropped 5%. 📉

Surprisingly, the hacker returned 2,879 ETH ($5.4M) to the protocol deployer address. Still, Curve Finance's TVL fell 43% from $3.26B to $1.87B. 🔄💰