Skip to Primary Navigation

$24m in cryptocurrencies stolen from hacked DeFi pools

A visual representation of the digital currency Bitcoin sinks into water
Photo: Getty Images

The pools were exploited due to a ‘bug’ in Vyper’s code.

More than $24m in cryptocurrencies was hacked from liquidity pools on the automated market maker platform Curve on Sunday. The liquidity pools – which are smart contracts that hold cryptos and can provide liquidity to crypto markets in without financial intermediaries – were compromised by ‘a bug’.

The hackers managed to leverage