Curve Hack Explained | Roundup

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. - - Use code EMPIRE30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Follow Jason: https://twitter.com/JasonYanowitz Follow Ren: https://twitter.com/purplepill3m Follow Andrew: https://twitter.com/Blockanalia Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - 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 -- 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 — 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.