Curve Finance had closed yVault2 liquidity pool after vulnerability was discovered

Curve Finance had closed yVault2 liquidity pool after vulnerability was discovered

The developers of the DeFi Curve Finance protocol have found a vulnerability affecting the new yVault2 liquidity pool. The pool had to be closed. According to a statement on Twitter by Curve Finance, the vulnerability is affecting the new trading pool yVault2, which includes the Yearn Finance yield aggregator project. The pool was quickly closed to prevent an incident. Curve gives users the ability to switch between USD-backed stablecoins with extremely low fees and slippage.…

Binance withdrew lawsuit against Forbes journalists

Binance withdrew lawsuit against Forbes journalists

Cryptocurrency exchange Binance withdrew a lawsuit against Forbes Media journalists, who published defamatory materials that tarnished the reputation of the exchange. About three months ago, Forbes journalists Michael del Castillo and Jason Brett wrote an article detailing the activities of Binance’s US subsidiary. The document presents a diagram codenamed “Tai Chi Organization”. With its help, the exchange allegedly bypasses the requirements of regulatory bodies, using a legal entity in the United States to conduct business…