Curve DAO Compensates Victims of $70M Exploit with $49M in Funds
• Nearly $50 million allocated to compensate victims of Curve Finance exploit after DAO vote
• Hack in July exploited bug in Vyper coding language, causing over $70M in losses
• Losses led to sharp drop in Curve's total value locked from $3.25B to $1.67B
• Proposal sought to make affected liquidity providers whole after shortfall
• Around $49.2M in crypto assets distributed to hack victims, including $7.2M in recovered ETH and $42M in vested CRV