Security Expert Awarded $250,000 for Uncovering Major Flaw in DeFi Protocol Curve Finance

Curve Finance swiftly responded to the disclosure, conducting a comprehensive investigation into the matter.

A security researcher recently received a $250,000 reward for uncovering a critical vulnerability in the Curve Finance decentralized finance (DeFi) protocol.

This flaw had previously enabled cybercriminals to steal millions from various cryptocurrency systems

The vulnerability, identified by Marco Croc, a cybersecurity expert from Kupia Security, involved a reentrancy issue that could have been exploited to tamper with balances and withdraw unauthorized funds from liquidity pools.

Marco Croc detailed his findings in a series of posts on X, explaining the potential risks and manipulations possible due to the bug.

Curve Finance swiftly responded to the disclosure, conducting a comprehensive investigation into the matter.