What'up on Curve ? #93
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Happy Birthday 🥳
Already 2 years ! Who was here 2 years ago ? Who remember how CRV was launched 🤫 ?
Frontend Hack
This happened last Tuesday, but I personally have the felling it was 6 months ago. This week in crypto was very intense (Curve’s hack, Drama with tornado cash …)
Let’s dive and understand what happened
TLTR: Curve’s team react very quickly and everything was fixed in few hours. Special Kudos for the communication !
The frontend was compromised …
… only https://curve.fi/ was affected, but not https://curve.exchange/
Something very striking was how the community (and the team) reacted. The communication was amazing and users received instructions to protect themselves in case they interacted with the compromised frontend
It’s also the perfect time to remind (new) users how to revoke an approved contract on different blockchains.
People also suggested verifying if curve.fi resolved to the correct server. But how to do this ?
Tuto in this article👇
And finally everything was fixed, and curve.fi is now safe to use
If you want more “technical” information about what happened, read this report
During each drama, there is FUD, and some people willing to dump their tokens. Of course, it was also the case with $CRV. But look at this !
The hacker then used Binance 😱, and funds were frozen. Let’s see what will happen now .
Vote and proposal
Keep3r is now whitelisted ! The vote passed
Not a Curve proposal. But still really relevant as it proposes to lock 33% of the $CRV own by Abracadabra
Pools
The “Tornado cash drama” had (and still has) a lot of repercussions. One of them, is a beginning of fund on $DAI. And you can clearly see it with the 3pool.
Harmony is dead, should Curve stop $CRV gauge on the 3pool ? Someone should probably write a proposal and use those $CRV for something more useful (?)
Curve and $CRV elsewhere
Pretty bullish
General stuffs 🤤
Curve.exchange is becoming very sexy with this new dashboard
The world is waiting for it, but Michael can’t find time ! Please devs do something. Stop sleeping !!!
From the community
Nice analysis of the curve was and bribes with some numbers
If the locking continues…. you won’t have any $CRV left
Fasten your seat belt ?