The Lazarus Group of North Korea Targets Japanese Vrypto Companie

This South Korean Exchange Halts CRV Trading Following its Exploit

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  • South Korean exchange Upbit suspended trading of Curve Finance (CRV) token after a major exploit on the platform.
  • The exploit was caused by a reentrancy bug that affected certain stablecoin pools, putting over $100 million worth of assets at risk.
  • Upbit temporarily halted CRV deposits and withdrawals to protect users from potential losses.
  • Other exchanges like Binance, Huobi, and OKEx have not suspended trading but are monitoring the situation.
  • Following the exploit, CRV experienced increased volatility, with the token price dropping by 12.36%.
  • The incident is part of a series of attacks on DeFi projects, highlighting the risks and challenges faced by the sector.

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