News Explorer — How an Ethereum Bot Used Uniswap to Save $5.4 Million From Curve Exploit

By Decrypt August 01, 2023 In Binance, Bitcoin, Cryptocurrencies, Ethereum

AD

How an Ethereum Bot Used Uniswap to Save $5.4 Million From Curve Exploit

A trading bot took advantage of an issue with the programming language Vyper to exploit liquidity pools on Curve Finance, resulting in a loss of $52 million. However, the bot returned $5.4 million of the stolen funds to Curve DAO CRV. The bot’s actions involved flash loans and arbitrage plays on Uniswap and Balancer.

white-hat-hacker-gID_7.jpeg

Source Article

Advertisement

Latest

Decrypt

How an Ethereum Bot Used Uniswap to Save $5.4 Million From Curve Exploit

A trading bot took advantage of an issue with the programming language Vyper to exploit liquidity pools on Curve Finance… Read Summary

Source Article

Decrypt

Barbie’s Margot Robbie Says Bitcoin Is for ‘Kens’—While Mattel Pushes NFTs

Margot Robbie playfully criticized Bitcoin as a stereotypically male conversation topic, referring to it as a “Ken” beha… Read Summary

Source Article

Advertisement

Decrypt

BALD Token Deployer Rug Pulls a Day After Launching on Base

Scammers took advantage of the newly launched Bald token on Coinbase’s Base ecosystem, resulting in a rug pull where $25… Read Summary

bald-head-gID_7.jpg

Source Article

Decrypt

Ron DeSantis Promises to End ‘Biden’s War on Bitcoin’, Toss CBDC ‘Into the Trash Can’

Florida Governor Ron DeSantis, a presidential hopeful, has pledged to end the Biden administration’s alleged attack on t… Read Summary

Source Article

Jul 31, 9:49 am

Decrypt

Tether Reports $850 Million Q2 Profit, $72 Billion Exposure to US Treasuries

Tether Holdings Limited, the issuer of the USDT stablecoin, reported a Q2 profit of 850 million, increasing its total ex… Read Summary

Source Article

Jul 31, 8:12 am

Decrypt

SEC Charges Hex Founder Richard Heart for $1B Unregistered Securities Offering”

Richard Heart, the founder of Hex, has been charged by the SEC for conducting unregistered securities offerings that rai… Read Summary

Source Article

Jul 31, 4:00 am

Coindesk

Web3 Fantasy Sports Platform Sorare Adds Fiat Payment Option

Web3 fantasy sports company Sorare has introduced support for fiat payments, allowing users to pay in U.S. dollars, euro… Read Summary

Source Article

Jul 31, 3:07 am

Decrypt

SEC Asked Coinbase to Delist All Cryptocurrencies Except Bitcoin, Says CEO

The SEC reportedly asked Coinbase to stop trading all cryptocurrencies except Bitcoin before suing the exchange. Coinbas… Read Summary

Source Article

Jul 31, 2:55 am

The Block

Ethereum Experienced a Record $11M Payday in MEV Block Rewards Due to Curve Finance Exploit

Ethereum saw a surge in maximum extractable value (MEV) block rewards due to an exploit on Curve Finance. Over 6,000 ETH… Read Summary

Source Article

Jul 31, 2:44 am

Decrypt

Curve Finance Team Confirms Which Ethereum-based Pools Were Affected by $52M Hack

Curve Finance, a popular decentralized exchange, has reported a potential hack that may have affected an Arbitrum-based… Read Summary

Source Article

Jul 31, 2:15 am

Coindesk

Nigerian SEC Deems Binance’s Activities Illegal, Orders Crypto Platforms to Stop Soliciting Nigerian Citizens

The Nigerian Securities and Exchange Commission (SEC) has declared that crypto exchange Binance’s activities in the coun… Read Summary

Source Article

Jul 30, 11:35 pm

The Block

Crypto Exchange Binance Lands Operating License in Dubai

Binance has obtained an Operational Minimum Viable Product license to operate virtual asset exchange services in Dubai,… Read Summary

Source Article

Jul 30, 11:21 pm

The Block

Ethereum ICO Participant Moves $1.2M in Ethereum After Eight Years of Inactivity

An address that participated in Ethereum’s initial coin offering (ICO) has moved coins for the first time in eight years… Read Summary

Source Article

Jul 30, 12:38 pm

Decrypt

Embattled U.S. Rep. George Santos Pitched Crypto Deal to Donor: NYT

Rep. George Santos, a Republican from New York, allegedly attempted to broker a cryptocurrency transaction with a politi… Read Summary

Source Article

AD

Published on

Decrypt

View the full article

You may also like