Curve Hack Explained | Roundup

Empire

In today's round-up, we dive into the $70M Curve Exploit. Joined by Ren, a blockworks research analyst, and Andrew, blockwork's lead data reporter, the team dives into how the exploit happened, the impacted pools, MEV & White Hat recovery efforts, and Egorov's liquidation hunt.

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Resources

Technical Post-mortem

https://hackmd.io/@LlamaRisk/BJzSKHNjn

Egorov's Debank Profile

https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428?chain=eth

Egorov's Aave

https://aave.blockanalitica.com/v2/ethereum/wallets/0x7a16ff8270133f063aab6c9977183d9e72835428/

OTC Deals

https://twitter.com/thiccythot_/status/1686728604326002688

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Timestamps

(00:00) Introduction

(00:24) What is Curve?

(03:49) Exploit Explained

(08:59) Impacted Curve Liquidity Pools

(16:01) Vyper Code Exploit

(20:25) Permissionless Ad

(21:51) Centralized War Rooms

(25:54) MEV Bots vs Hackers

(31:29) Egorov Liquidation Hunt

(38:09) Abracadabra Governance Proposal

(40:25) Bad Debt Stand-off

(44:06) OTC Deals

(49:04) Lending Protocol Watershed Moment

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.