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Search "Curve Finance" has a total of3related results
Techub News reports that Curve Finance tweeted that PancakeSwap copied its code without permission, which violates the relevant licensing agreement. This behavior not only involves a breach of the agreement but has also historically proven to be unwise in other respects. Curve Finance pointed out that if PancakeSwap wishes to use Stableswap while avoiding legal issues and leveraging its expertise to protect user safety, it can still contact them for authorization and collaboration.
Techub News reports that Michael Egorov, founder of Curve, posted on the X platform, stating that the frequent hacking incidents in the DeFi sector recently are mostly due to centralized single points of failure, which severely hinder industry development. Citing the recent Aave rsETH incident as an example, Egorov pointed out that various protocol parties claimed their operations were normal despite users' inability to withdraw funds normally, exposing the fragility of the trust chain. He emphasized that security issues should be addressed primarily through prevention and called for the Ethereum Foundation and the Solana Foundation to take the lead, collaborating with auditing institutions and risk assessment teams to jointly establish security guidelines for the DeFi industry. This proposal aims to significantly reduce the risk of uncontrollable single points of failure by decentralizing trust and clarifying verification rules.
Techub News reports that Curve Finance posted on platform X, stating they are investigating the attack on the sDOLA LlamaLend market. Preliminary analysis indicates that the attacker exploited a combination of the sDOLA price oracle characteristics and a vulnerability related to the quantity of sDOLA outside the collateral, resulting in relatively limited profits; borrowers using sDOLA as collateral have been liquidated, but lender funds remain unaffected, and sDOLA holders have gained some returns. The team is currently checking other similar markets and ensuring that LlamaLend V2 remains secure when dealing with vault collateral susceptible to donation attacks.
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